Current USD strength is not sustainable – Commerzbank
…
This is a premium post.
[s2If !current_user_can(access_s2member_level4)]Please register for FREE REGISTER to read full post below containing analysis. In case of any error or you think you are not able to read the full post below, please email us at support#nehcap.com [lwa][/s2If] [s2If current_user_can(access_s2member_level1)]
Economists at Commerzbank discuss the USD outlook as market expectations regarding US key rates have moved upwards.
“For the first time market and FOMC largely agree in their projections of the future rate path. It was not the FOMC that moved but the market that shifted its rate expectations to the upside. All that is USD-positive.”
“We would consider the current USD strength to be sustainable if we agreed with the new view on the Fed. But we don’t. Our Fed watchers continue to expect no further rate hikes. And that is why we expect that the current USD strength is not sustainable.”
[/s2If]
Nehcap Expert Advisor
The NEHCAP MT4 EA is high quality professional trading system geared to generate returns without using GRID or martingales. Each trade has strict risk per trade parameter. The pairs under management include EURUSD, GBPUSD, AUDCAD, AUDNZD,GBPAUD, EURAUD, EURCAD, CHFJPY and many more.
The system is trading live: LIVE ACCOUNT TRACKING
You can run it free. Apply for a free trial and track our account. Buy the system or use profit share mechanism to generate returns on your MT4.
Join Our Telegram Group
