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G10 FX Week Ahead: I need a dollar, a dollar is what I need

From think.ing.com

The markets love for the dollar, and a hawkish Federal Reserve remains strong - and the week ahead may do little to scupper this. Chair Jerome Powell's first semi-annual testimony to Congress will be the flagship event in a quiet week. While risky assets will be hoping for some more dovish and cautious comments, it appears as though US monetary policymakers continue to focus on domestic economic dynamics while paying less attention to what's going on in the rest of the world. Unlike a Yellen or Bernanke Fed, a Powell Fed seemingly poses greater risks to global markets and in the absence of any shift in rhetoric at ... (full story)

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  • Category: Fundamental Analysis