Dollar to lag euro and pound in long run – Danske

Danish bank sees EUR/USD trading at $1.16 in three months' time and at $1.25 in 12 months

dollar-squeeze-leverage
Dollar squeeze: uncertainty around US monetary policy will play a role in driving the greenback lower

CLICK HERE TO DOWNLOAD THE PDF

While the dollar is expected to lose ground against the euro and sterling in the long run, the greenback could extend its gains against the single currency before the end of 2017, says Thomas Harr, global head of fixed-income, currencies and commodities research at Danske Bank.

“In the short term we are looking for a bit of dollar strength because [of] the US dollar liquidity squeeze we are seeing at the moment, coupled with a [potential] Federal Reserve rate

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Week account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: