Greenback Struggles to Sustain Upticks, Though Odds of June Hike Rise
The US dollar is struggling to maintain even modest upticks against the euro and sterling despite the recognition of the increased likelihood of a June Fed hike. Bloomberg sees current pricing in the Fed funds as making a hike in June a near certainty (97.5%), while the CME and our own calculation estimates the market …
Greenback Struggles to Sustain Upticks, Though Odds of June Hike Rise Read More »