• USD Index: Downside risks should be limited unless 10-year UST yields drop below 4.50% – SocGen

Noticias del mercado

16 octubre 2023

USD Index: Downside risks should be limited unless 10-year UST yields drop below 4.50% – SocGen

Dollar resumes rally on Middle East crisis. Economists at Société Générale analyze USD outlook.

Dollar set to remain supported this week

Suspense around another Fed hike or pause in November, and geopolitics in the Middle East should keep the Dollar supported this week. 

Profit-taking could emerge if US retail sales on Tuesday and/or housing construction on Wednesday disappoint and tilt the balance towards a Fed hold. 

Downside risks should be limited unless 10y US Treasury yields drop below 4.50% and Oil prices retreat.

 

Enfoque del mercado
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Abrir cuenta demo y página personal
Entiendo y acepto la Política de Privacidad y estoy de acuerdo con que mi nombre y datos de contacto sean procesados por TeleTrade y utilizados para contactarme en lo referente a: