Fed and dollar to shift on today's data? - Scotiabank

Ross J Burland FXStreet

Analysts at Scotiabank explained that Fed expectations and the USD will shift according to the tone of the data this morning.

Key Quotes:

"...but we do not expect the USD bounce to extend significantly from here."

"We still rather think that the US economy’s reduced relative growth and yield advantages, as well as ongoing questions about how soon President Trump can advance his agenda, will curb the appeal of the USD."

Author

Ross J Burland

FXStreet

Ross J Burland, born in England, UK, is a sportsman at heart. He played Rugby and Judo for his county, Kent and the South East of England Rugby team.

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