Revisiting Dollar Price Action as Bears Look to 2024: FX Moment
Our latest FX Moment podcast focuses on changes in US dollar price action and what can be learned when it comes to finalizing 2024 US dollar prospects. Host Audrey Childe-Freeman, Bloomberg Intelligence chief G10 FX strategist, and Jeremy Stretch, Chief International Strategist at CIBC World Markets discuss the dollar-negative narrative that could unfold in 2024, and conclude it won't be an easy ride for dollar bears as long as the Fed holds onto a high-for-long rate language, with Jeremy suggesting that euro-dollar could see a pullback toward $1.02-$1.03 before contemplating a brighter…
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