UBS Global Wealth Management mull the wild swings in markets last week, noting only a mild impact on EUR/USD.
expect the rate to rise graduallysays US exceptionalism (the US economy outperforms the rest of the world) was key to the Federal Open Market Committee (FOMC) holding higher (than other global central banks) for longerexceptionalism will now fadeleading to Fed rate cuts and a rising EUR/USDwarn that the US election might lead to short-term setbacks, but advised to build lone EUR/USD into any of these
This article was written by Eamonn Sheridan at www.forexlive.com.
