- Analytics
- News and Tools
- Market News
- Good growth plus disinflation remains bearish for the USD – TDS
Good growth plus disinflation remains bearish for the USD – TDS
The FOMC kept rates on hold at 5.25%-5.50% for a fourth consecutive meeting in January. Economists at TD Securities analyze Dollar’s outlook following Fed’s decision.
USD rallies will be quickly faded
The Fed has seemingly priced out March as the start of the cutting cycle. Near-term, that could provide some support to the USD, though we also know that the Fed’s next move is likely to be a cut. We think USD rallies will be quickly faded, especially if the data validates the disinflation narrative ahead of the next meeting.
Good growth plus disinflation remains bearish for the USD.
© 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
