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FX Outlook: Standard Chartered

Our call for a strong USD against G10 currencies, but a mixed performance against EM, continues to performwell. We expect 'dollar divergence' into the first Fed hike. Thereafter, we expect USD consolidation, with AXJ cur…

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  • Our call for a strong USD against G10 currencies, but a mixed performance against EM, continues to performwell.

  • We expect 'dollar divergence' into the first Fed hike. 

  • Thereafter, we expect USD consolidation, with AXJ currencies experiencing a modest recovery from Q3. 

  • We remain medium-term USD bulls into 2016.

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