Quarterly Outlook
Macro Outlook: The US rate cut cycle has begun
Peter Garnry
Chief Investment Strategist
Chief Investment Strategist
The US dollar has climbed to multi-month highs again even as the Fed is on an easing path, benefiting from a variety of supporting factors that continue to propel its strength.
Given these factors, the USD still has room to run. With the ongoing pressures on trade-exposed currencies, the US dollar is likely to remain a dominant force in global markets.