外汇前瞻
  • Macro Outlook
    • Currency movements

FX Viewpoint

  • Article

Weekly foreign exchange insights   

Key highlights

  • DXY is still below what its yield differential implies, but the gap is closing as trade uncertainty recedes, for now
  • The recovery in the USD may also have been helped by positioning adjustment
  • Cyclical factors could regain traction; DXY consolidation seems likely, while the AUD and NZD may strengthen over the near term

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