The Dollar Jumps Back
Marc Chandler
March 24, 2023
Overview: The pendulum of market expectations has
swung dramatically and now looks for 100 bp cut in the Fed funds target this
year. That seems extreme. At the same time, the dollar's downside momentum has
stalled, suggesting that the dollar may recover some of the ground lost
recently as the interest rate leg was knocked out from beneath it. …
The Dollar Jumps Back
Reviewed by Marc Chandler
on
March 24, 2023
Rating:
