Analysts at JP Morgan believe that the recent behavior in the US dollar and rates is largely technical and temporary, adding that the greenback is seen higher in the coming months. Key quotes “Citing solid domestic economic data.” “The Federal Reserve should start formally talking about tapering communication in the April minutes.” “An announcement of Biden’s next circa $2 trillion in fiscal spending later this month.” “US vaccination rollout acceleration to help maintain a US gap with the rest of the world.” “Recommend remaining long USD vs. currencies where central banks are likely to remain dovish or growth-challenged, including euro, yen, Swiss franc and GBP.” DXY at critical support opens prospects of significant upside correction FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Cosmos Price Prediction: ATOM to restart its 85% advance FX Street 2 years Analysts at JP Morgan believe that the recent behavior in the US dollar and rates is largely technical and temporary, adding that the greenback is seen higher in the coming months. Key quotes "Citing solid domestic economic data." "The Federal Reserve should start formally talking about tapering communication in the April minutes." "An announcement of Biden's next circa $2 trillion in fiscal spending later this month." "US vaccination rollout acceleration to help maintain a US gap with the rest of the world." "Recommend remaining long USD vs. currencies where central banks are likely to remain dovish or growth-challenged, including euro,… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
