Subscribe To
JP Morgan are wary of further USD strength ahead of the March FOMC meeting
The spoiler alert for this post is that JPMorgan say:
- "We think it is prudent to keep overall USD exposure light pre-FOMC.”
JPM cite the usual suspects for the strength of the dollar:
- tightening labour markets
- firm inflation
- repricing of central bank
JPM say this is making 2023 similar to 2022, but there are key differences:
- global growth momentum is still positive
- slowing pace of hikes from central banks Read More
Posted: Feb 28 2023, 01:16
Author Name: forexlive
Views: 112538