The US Dollar managed to stay resilient on Thursday. February and March are seasonally strong months for the Dollar and 4.50% overnight deposit rates can keep the USD supported a little longer, according to economists at ING.
DXY looks like it can continue to press 105.00
“The Dollar is seasonally strong (February and March) and the bar to put money to work outside of 4.50% yielding overnight Dollar deposits is not particularly low.”
“Today should see the January core PCE deflator at a sticky 0.4% month-on-month. In other words, the US disinflation/bearish Dollar narrative will find little from today's data.”
“DXY looks like it can continue to press 105.00 and should USD/CNH trade back up to 7.00 on geopolitics, we could be looking at 105.60/106.00 on DXY.”
See – US Core PCE Preview: Forecasts from eight major banks, meaningful acceleration
風險提示：本文所述僅代表作者個人觀點，不代表 Followme 的官方立場。Followme 不對內容的準確性、完整性或可靠性作出任何保證，對於基於該內容所採取的任何行為，不承擔任何責任，除非另有書面明確說明。
暫無評論，立馬搶沙發