Macro Analysis /

Near term outlook for the dollar remains bullish, longer-term prospects less so

  • Bullish momentum in the dollar has abated in July with Fed speakers pouring cold water on taper tantrum fears

  • While the dollar lost some momentum in July, we remain bullish on the dollar in the near term

  • Less so over the medium to longer-term given the structural headwinds facing the currency

Kieran Siney
Kieran Siney

Head of African Markets

ETM Analytics
3 August 2021
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