6 Dec 2013
Flash: USD recovery to continue in 2014 - Societe Generale
FXstreet.com (Bali) - Expect further appreciation on the US dollar in 2014, notes Societe Generale.
Key Quotes
"The US economy will lead the global recovery and the Fed will take its first steps towards the exit. A dovish Fed will still hamper dollar gains."
"But the dollar will win by elimination, as EM economies face deleveraging, commodity prices (and currencies) remain stuck in the mud, and some DM central banks are mulling further easing."
Key Quotes
"The US economy will lead the global recovery and the Fed will take its first steps towards the exit. A dovish Fed will still hamper dollar gains."
"But the dollar will win by elimination, as EM economies face deleveraging, commodity prices (and currencies) remain stuck in the mud, and some DM central banks are mulling further easing."