- Analytics
- News and Tools
- Market News
- USD to be strong in 2024 – HSBC
USD to be strong in 2024 – HSBC
Economists at HSBC retain a USD bullish view for 2024.
USD likely to be on the defensive in the near term
The USD is likely to be on the defensive in the near term, but we think the headwinds from yield differentials to the USD may not be large, as the Fed will likely be easing alongside other central banks (no matter from the market’s or our economists’ expectations).
We believe the USD will probably be supported in 2024 by a slowing global economy, one where recession risks still loom and where the ‘safe haven’ USD will continue to offer a relatively high yield.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
