--

[Danske Bank Predicts Dollar May Rebound, Fed May Abandon December Rate Cut] On November 13, Kristoffer Kjaer, Head of FX and Rates Strategy at Danske Bank, stated that after the U.S. government reopens, official data will resume publication, although the exact timing remains unclear. Before the Federal Reserve's December rate decision, up to three employment reports and two inflation data releases may be published. Danske Bank expects U.S. data to demonstrate resilience, the dollar to potentially rebound, and the Federal Reserve to possibly abandon a December rate cut.

Loading...