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HSBC see further losses for EUR/USD and GBP/USD for the month ahead - like JPY better

Summary of a HSBC note comes via eFX. For bank trade ideas, check out eFX Plus. Key Points: 1. USD Upside Potential: • HSBC anticipates that the USD will experience more gains in the coming month. However, they expect these gains to be primarily against the EUR and GBP. 2. Persistent Driving Forces: • The factors that have been propelling the USD upwards are still in place. Although there are concerns about a potential US government shutdown, strikes by autoworkers, and a temporary dip in the... Read More

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Posted: Sep 28 2023, 22:00

Author Name: forexlive

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