China’s long debt-landing

China's long debt-landing - The USD DXY rallied 5% since the middle of July. Given the health of the US economy versus its major counterparts, we expect further USD upside but with more bumps. The combination of lax fiscal and tight monetary policy is likely to be an undercurrent for the USD for some time. Problems in China are supporting the USD as well.

2023-09-07T12:20:04+00:00September 7, 2023|
Go to Top