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Strong USD: not a concern for the Fed – BTMU

FXStreet (Edinburgh) - Currency Analyst Lee Hardman at BTMU sees the Fed not concerned about the current high levels of the US dollar.

Key Quotes

“The recent strength of the US dollar will also result in investors listening closely for any change in rhetoric regarding the US dollar which may potentially impact the outlook for Fed policy”.

“At the current juncture we do not expect the Fed to signal heightened concern over the stronger US dollar, although it supports the market’s expectation for a very gradual pace of monetary tightening in the coming years”.

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