Rates to peak in September, Dollar should be lower by then – SocGen DollarIndex EURUSD USDJPY EURGBP Banks
“By the time rates peak – markets think in September, the Dollar should be lower. For now, they are busy revising that peak higher.”
“The USD/JPY 200-DMA is at 137.70 and if that were to break, it would trigger a spike down for the yen, at least temporarily.” If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
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