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USD: Consolidation or base-building? – ING

There is quite a popular view out there that with 100bp of Fed cuts priced by the end of this year and a terminal rate already priced at 3.00%, the dollar does not need to fall much further.

Shalika DograShalika Dogra
Aug 29, 2024 - 15:43
 0  8
USD: Consolidation or base-building? – ING
There is quite a popular view out there that with 100bp of Fed cuts priced by the end of this year and a terminal rate already priced at 3.00%, the dollar does not need to fall much further.

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