Month-end rebalancing should see the US dollar underperform – Morgan Stanley

News

Morgan Stanley notes that their month-end rebalancing model expects the dollar to underperform this month, with their signal suggesting weakness in the greenback against all G10 currencies except the Norwegian Krone. That will add some weight to an already struggling dollar since the turn of the year.

Just something to take note of we approach the final few trading days of January.

Articles You May Like

EUR/USD Price Analysis: Slight end-of-week rebound fails to break key resistance
EURUSD sellers pushes to the downside ahead of the FOMC rate decision
US Dollar eases after Fed signals fewer cuts, Trump factor surfaces
Dollar to Pause for Consolidation After Failing to Break Euro Resistance Post-Fed
Inflation data the focus in Europe before the Fed later today

Leave a Reply

Your email address will not be published. Required fields are marked *