- Rest of World hawkish push back keeps Dollar in check – ING
Market news
19 June 2023
Rest of World hawkish push back keeps Dollar in check – ING
25 bps rate hikes in the UK, Norway, and Switzerland this week can hold the strong Dollar in check, economists at ING report.
Currencies gear up for another big week of central bank meetings
Having negotiated the hawkish set of Fed and ECB meetings last week, FX markets will this week brace for around 10 central bank policy decisions across the developed and emerging market space.
Further rate hikes in the likes of the UK, Norway and Switzerland can hold the strong Dollar in check, while a rate cut in Hungary should not hurt the Forint too much.
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