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Having failed to retest its spring low in June, the US Dollar Index (DXY) has been edging higher in the past couple of weeks. Economists at Rabobank analyze USD outlook.
It has been our view for some time that USD strength would peak around the middle of this year and then lose some ground as the market looked ahead to Fed rate cuts in 2024. That said, fears of slower levels of global growth should prevent heavy selling pressure on the greenback.
If the market maintains its scepticism about the chances of tightening beyond July, the DXY is likely to continue to steer away from its spring low.
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。
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