Dollar to rebound? - BTMU
|Analysts at Bank of Toko Mitsubishi do not expect dollar weakness.
Key Quotes:
"US dollar on a DXY basis had been regaining some upside momentum again but the mention of “fairly soon” in regard to the timing of the next rate hike by the FOMC and the lack of concern expressed over inflation have undermined the dollar and eased speculation on a March rate hike."
"However, we do not expect any notable dollar weakness and the markets could quickly see the logic of May if not March which is still not priced. That will help the dollar to regain poise and advance over the coming months."
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.