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Listen "The Weekly FX Navigator (22 June 2021): A post-FOMC update"
Episode Synopsis
The USD got a lift off a more confident Fed, following the central bank's upgrade to its growth and inflation forecasts and its decision to bring forward rate hike expectations to 2023. The upcoming trading sessions will likely provide confirmation of whether the USD will continue its cyclical downtrend quickly or settle into a period of consolidation over the next few weeks. Our medium-term bearish USD view remains unchanged.Speaker:DJ Cheong, Investment Strategist, Standard Chartered Bank
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