US DOLLAR FORECAST: BULLISHUS Dollar yield benefit could start to drive positive aspects if threat urge for food holds upIran bat
US DOLLAR FORECAST: BULLISH
- US Dollar yield benefit could start to drive positive aspects if threat urge for food holds up
- Iran battle, commerce wars, Brexit and US election could revive haven demand
- Service-sector ISM survey, December jobs report in concentrate on the info entrance
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Jan 06
( 03:01 GMT )
Recommended by Ilya Spivak
Cross-Market Weekly Outlook
The US Greenback confronted heavy promoting strain within the last three months of 2019, sliding to an eight-month low in opposition to a mean of its main counterparts. Broad-based threat urge for food improved in tandem, with the bellwether S&P 500 inventory index rising to a document excessive. That factors to the exodus of haven-seeking capital as the driving force behind the forex’s weak spot as US-China commerce conflict and no-deal Brexit worries eased.
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