FXStreet (Guatemala) - David Bloom, Global Head of FX Strategy & team at HSBC suggests that the USD is the next currency getting ready for lift off in our eyes.



Key Quotes:



“We are now only two meetings away from not knowing exactly what the Fed is going to do: we are getting to the point where uncertainty is replacing certainty”.



“This should lead to increased speculation regarding US rate rises”.



“As rate expectations rose in New Zealand, the NZD took off”.



“In the UK constant speculation regarding a rate rise has boosted GBP. On the
monetary slopes the US is getting ready for take-off whilst the ECB is still looking down the slopes from a dizzy height”.



You May Also Like

COMPANIES IN THIS ARTICLE
Related Forex Analysis
  1. Forex News

    GBP/USD negative below 1.5730 – Commerzbank

  2. Forex News

    EUR/USD trims losses on EMU data

  3. Forex News

    GBP/USD back above 1.56

  4. Forex News

    EUR/USD forecast: focus on US GDP – Commerzbank and Societe Generale

  5. Forex News

    EUR/USD within range around 1.0960

Trading Center
×

You are using adblocking software

Want access to all of Investopedia? Add us to your “whitelist”
so you'll never miss a feature!