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HSBC like even more upside for the USD into 2024 - 4 reasons for a higher dollar

HSBC has revised its view on the USD, predicting more upside for the greenback going into 2024. Previously, the bank had forecasted a winding down of cyclical weakness in European currencies, but this has materialized faster than anticipated. HSBC cites looming tightening by major central banks and resilient U.S. economic data as contributing factors to a stronger USD. Key Points: • Revised Stance: HSBC shifts its view to anticipate more strength in the USD through to 2024. • European Weakness:... Read More

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Posted: Sep 7 2023, 21:26

Author Name: forexlive

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