Dollar may weaken as Fed stays less hawkish

The softness of the US currency may only be near term, as ongoing policy divergence could lead to some gains later

dollars-perspective
Knock-on effect: a softer dollar means some of its G10 pairs are looking stronger

CLICK HERE TO VIEW THE PDF

The dollar could show additional signs of weakness in the near term if the Federal Reserve continues to strike a less hawkish tone, says Eric Viloria, currency strategist at Wells Fargo, which came top of last week's one-month forecast table.

While economic indicators in the US show moderate progress, inflation remains below the Fed's targeted 2% and overseas growth continues to be slow, making the central bank cautious about an April interest rate increase.

"It is

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: