Market analysis: Fed to remain relatively hawkish
On January 10, Michael Brown, Senior Research Strategist at Pepperstone, said, “I think the non-farm payrolls report will only encourage the dollar to continue its upward march, which has been the market's preference for some time now, and certainly helps to reinforce the theme of ‘U.S. Exceptionalism’ and should keep the Federal Reserve relatively hawkish compared to the rest of the G10 group. The biggest risk to the bullish USD view is that market participants may look to take profits/cut positions ahead of Trump's inauguration early next week.”
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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