We expect US dollar’s downtrend to resume downtrend in coming months after consolidation. Fiscal stalemate suggests that the Fed would shoulder more burdens in delivering stimulus. This should lead yields to decline further, supporting weakness in the greenback. Stalled Hopes on Fiscal Stimulus Failure to strike a deal on a new fiscal stimulus package before […]
The post Fiscal Stalemate to Lead to More Fed Stimulus and Further USD Weakness appeared first on Action Forex .