Going forward, if rates move a little higher than expected then the dollar will go up a little. However, if at any time next year the market thinks the Fed may need to loosen in 2017, then the dollar will plummet. The risk/reward in 2016 is for a weaker dollar.

David Bloom

Categorized in : Business

The tension will rise as we get towards Friday because it will have implications for what the Fed does and that is all anybody cares about at the moment.

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