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16 May 2013
Forex Flash: USD has continued to strengthen recently - BTMU
FXstreet.com (Barcelona) - Lee Hardman, FX analyst at The US dollar is continuing to strengthen recently.
He sees that as connected to investors anticipating that the Fed may taper the pace of QE purchases in the second half of the year. He continues to add that the risk being in the near-term that those expectations may prove too premature, which leaves the US dollar more vulnerable to weak US data.
He sees that as connected to investors anticipating that the Fed may taper the pace of QE purchases in the second half of the year. He continues to add that the risk being in the near-term that those expectations may prove too premature, which leaves the US dollar more vulnerable to weak US data.