Dollar will come lower in the second half, but timing is everything – ING

FXStreet Insights Team FXStreet

Economists at ING see the US Dollar trapped between two stories.

US Dollar is trapped between inverted curves and rallying equities

There has been little follow-through from the US Dollar selling we saw late last week.

Currently, global markets present a curious picture of steeply inverting yield curves – which occasionally forewarn recession – but bid equity markets. Which market has it right?

We tend to think the US Dollar will come lower in the second half, but again timing is everything.

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FXStreet Insights Team

FXStreet

The FXStreet Insights Team is a group of journalists that handpicks selected market observations published by renowned experts. The content includes notes by commercial as well as additional insights by internal and external analysts.

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