“The hawkish shift in Fed rhetoric will keep the USD good and limit the risk of USD turning bad but will not make it great, especially against reserve currencies,” says Sim Moh Siong, senior currency strategist at Bank of Singapore, citing the lack of fiscal clarity and American economic exceptionalism as major headwinds. March rate hike all but certain Following…
Bank of Singapore: “Not great, not bad, just good” for USD
9 March 2017
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