US Dollar: Fed restraint supports gains against peers – OCBC
OCBC strategists Sim Moh Siong and Christopher Wong have reset their forecasts after the earlier US Dollar (USD) sell-off but still projects moderate USD strength into early 2027.
OCBC strategists Sim Moh Siong and Christopher Wong have adjusted their projections following the recent US Dollar (USD) decline, yet they maintain a moderate optimism for the Dollar's strength into early 2027. They attribute this to Federal Reserve Chair Jerome Powell's hawkish stance during the Jackson Hole event, robust US economic growth, and persistent inflationary pressures.
These factors suggest the Fed will continue its restrictive policy, which bolsters the Dollar and maintains a gradual upward trend in the US Dollar Index (DXY).
Written by urgent.news from FXStreet's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
