Report
Patrick Artus

It is hard to believe the dollar is not going to keep appreciating

Most currency strategists believe that the dollar is now going to depreciate somewhat, especially against the euro. But i t seems more reasonable to think that the dollar will continue to appreciate, given: The strong global demand for risk-free bonds, which benefits US Treasuries in particular; The likelihood of US growth surprising on the upside on the back of the rise in the participation rate and demand-stimulus policies; The fact that the euro zone, Japan and emerging countries are more exposed to weak global trade and the Chinese economy than the United States; The capital flows heading from the euro zone and emerging countries to the United States, attracted by the higher US interest rates.
Provider
Natixis
Natixis

Based across the world’s leading financial centers, Natixis CIB Research offers an integrated view of the markets. The team provides support to inform Natixis clients’ investment and hedging decisions across all asset classes.

 

Analysts
Patrick Artus

Other Reports from Natixis
Christopher HODGE ... (+2)
  • Christopher HODGE
  • Jonathan PINGLE

ResearchPool Subscriptions

Get the most out of your insights

Get in touch