G10 FX Week Ahead: We Haven’t Seen The Dollar Peak Yet
January 15, 2022 at 18:59 PM EST
A consolidation of Fed tightening expectations at the start of the year oddly coincided with an unwinding of dollar longs. We think that a more balanced positioning can help the US dollar recover, and a move above 1.1500 in EUR/USD seems unwarranted.
