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Credit Agricole: Resilient US data and soft landing narrative to bolster USD strength

Credit Agricole: Resilient US data and soft landing narrative to bolster USD strength
Credit Agricole shares insights on the recent interplay of economic factors, noting a revived 'soft landing' narrative and its potential implications for the forex market.Key Points:Soft Landing Revisited: The beginning of the week sees the 'soft landing' narrative reemerging, driven by data-centric forward guidance from both the Fed and the ECB, and the US's better-than-projected economic data. A soft landing scenario implies that economic downturns will be mild, and recoveries will be sw... Read More
Posted: Aug 1 2023, 19:29
Author Name: forexlive
Views: 102737

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