A snippet only from Deutsche Bank, remaining bullish on the US dollar:
dollar likely to remain strong versus the euroFed faces a tougher battle against inflation than the ECBforward-looking US indicators point to lasting inflationary pressuresimmigration to the US is falling, even before Trump policies, choking a “positive supply shock [that] played a dominant role in allowing the Fed to turn more dovish this year”
DB expect the Federal Open Market Committee (FOMC) to cut at the meeting nest week, followed by “a very long pause.”
ECB is expected to keep easing
ECB rate cut expected today.
This article was written by Eamonn Sheridan at www.forexlive.com.
