The US Dollar Index (DXY) performance yesterday was the worst on the day of the Consumer Price Index (CPI) release so far this year. But in the view of economists at MUFG Bank, the USD sell-off is likely a temporary correction.
USD-bullish bias to be intact over the coming months
“Our sense at this stage is to view the US dollar sell-off as an unusual anomaly rather than a sign of any turning point.”
“The scale of US dollar strength is becoming stretched but with equity markets more likely to reverse yesterday bounce we maintain our USD-bullish bias which we expect to be intact over the coming months.”
“News from China of extended lockdowns reinforces the prospect of continued challenging global growth prospects that is consistent with renewed US dollar strength.”
作者：FXStreet Insights Team，文章来源FXStreet，版权归原作者所有，如有侵权请联系本人删除。
风险提示：以上内容仅代表作者或嘉宾的观点，不代表 FOLLOWME 的任何观点及立场，且不代表 FOLLOWME 同意其说法或描述，也不构成任何投资建议。对于访问者根据 FOLLOWME 社区提供的信息所做出的一切行为，除非另有明确的书面承诺文件，否则本社区不承担任何形式的责任。
FOLLOWME 交易社区网址: www.followme.ceo
