Exane Bank: If the Federal Reserve keeps rates unchanged this year, the US dollar may continue to trade within a range of fluctuations

ME News report, April 7 (UTC+8): In a report, Societe Generale analyst Kit Juckes said that if the Federal Reserve keeps interest rates unchanged for the remainder of this year as expected, the US dollar could trade within a range. He noted that the market expects all G10 central banks—except the Federal Reserve—to raise interest rates. Despite this, among G10 economies, only Sweden’s forecasted growth rate is higher than that of the United States this year. These interest-rate expectations limit the dollar’s upside. Meanwhile, if the Federal Reserve cuts rates sharply amid high inflation and loose fiscal policy, the US dollar is likely to fall. (Source: Jin10)