US Dollar Outlook Hinges On Federal Reserve Forward Guidance

With that said, the FOMC may stay on track to “increase our holdings of Treasury securities by at least $80 billion per month and of agency mortgage-backed securities by at least $40 billion per month,” and more of the same from Fed officials may produce headwinds for the US Dollar as the central bank relies on its non-standard tools to achieve its policy targets.

1 2
View single page >> |

Disclosure: See the full disclosure for DailyFX here.

How did you like this article? Let us know so we can better customize your reading experience.


Leave a comment to automatically be entered into our contest to win a free Echo Show.