Ekonomické zprávy
01.11.2021

This week should reinforce a tactical bullish setup for USD - TD

eFXdata reports that analysts at TD Research maintain a bullish USD bias over the coming weeks.

"One of the most action-packed weeks of the final stage of the year should reinforce a tactical bullish setup for the USD. The USD has a few tailwinds that should boost it through the weeks ahead, ranging from stretched valuations, tapering, liquidity issues, de-risking on the global front-end rate selloff (and associated curve flattening), and very bullish seasonal patterns."

 "For the week ahead, the Fed and US data should benefit the broad USD."

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