Forex
globalreutersDecember 5, 20241 Mins read
USD: Good dollar demand to emerge should it trade sub-106 – ING
globalreutersDecember 5, 20241 Mins read The Dollar Index (DXY) is slightly softer after yesterday’s release of the ISM Services index disappointed consensus and made an 18 December Fed rate cut more likely, ING’s FX analyst Chris Turner Donald Trump to pump more air into the USD in 2025 “A column in the Financial Times was titled: ‘A turning point for the dollar is coming’ which sounds alarming for dollar bulls such as ourselves.
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