USD: 'Selectively Stronger, For A Bit Longer': Here Is The Breakdown - Credit Agricole
USD: ‘Selectively Stronger, For A Bit Longer’: Here Is The Breakdown – Credit Agricole. Credit Agricole Research updates its USD outlook and flags some upside risks to some of its 3-month USD G10 forecasts. “In particular, USD could continue to do well against currencies that are vulnerable to any further escalation in US protectionism and whose central banks have a neutral to dovish outlook: in our view NZD and, to a lesser degree, AUD should be the key G10 underperformers. Over the long term, CACIB maintains the view that the risks to USD should remain on the downside. For lots more FX trades from major banks, sign up to eFXplus.