Greenback Struggles to Sustain Upticks, Though Odds of June Hike Rise
Marc Chandler
May 04, 2017
The US dollar is struggling to maintain even modest upticks against the
euro and sterling despite the recognition of the increased likelihood of a June
Fed hike. Bloomberg sees current pricing in the Fed funds
as making a hike in June a near certainty (97.5%), while the CME and our own calculation estimates the market is
discounting around 70%-…
Greenback Struggles to Sustain Upticks, Though Odds of June Hike Rise
Reviewed by Marc Chandler
on
May 04, 2017
Rating:
Reviewed by Marc Chandler
on
May 04, 2017
Rating:
