We think the U.S. Dollar is undervalued going into this week on a short term basis, and should move back above 95 going into Jackson Hole`s monetary policy symposium. We also think that the market is behind the curve for a 25 basis point rate hike.
We think the U.S. Dollar is undervalued going into this week on a short term basis, and should move back above 95 going into Jackson Hole`s annual monetary policy symposium Thursday and Friday. We also think that the market is behind the curve for a 25 basis point rate hike this year.
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