Winners and losers this week - Scotiabank

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Mar 25, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    Analysts at Scotiabank explained that constructive comments from Fed officials on the US economic outlook are helping underpin the USD.

    Key Quotes:

    "Officials appear to be making a conscious effort to persuade the market of the merits of the Fed’s revised rate forecast profile.

    The USD has gained broadly but the commodity currencies are bracketing the G-10 performance league, with the CAD a relative outperformer a growth-supportive Federal budget while the NZD is under-performing, reflecting generally softer trends in Asia regional FX. "
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