FXStreet (Barcelona) – With the June FOMC Meeting ahead in the week, FX Strategists at ANZ, highlight the key risks ahead for the US dollar.
Key Quotes
“Looking ahead, market focus should turn to the FOMC meeting this week and there are three areas to watch for the USD.”
“The first is any commentary on the USD – there has been an increase in official rhetoric about the strength of the USD negatively impacting on the US of late, and this is important for the medium-term USD path.
The second is economic growth projections. The market and ANZ expects the Q1 GDP weakness to lead to official 2015 growth forecasts revised lower.
The final area to focus on is the ‘dot points’.”
(Market News Provided by FXstreet)