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3 conditions are required for the US dollar to resume its downtrend - HSBC

HSBC is looking for the USD to fall further, saying that with the end of the Federal Open Market Committee (FOMC) hiking cycle being near there are 3 triggers to watch for fresh weakness:risk appetite remaining strongUS economic statistics not outperforming the rest of the world as mucha sustained slowdown of global inflation, including a sharp decrease in US core inflationHSBC says that the ideal situation would be for the US economy to perform a "soft landing" and for the rest of the world, es... Read More

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Dollar

Resume

Downtrend

Hsbc

Forex

Posted: Jul 19 2023, 21:45

Author Name: forexlive

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