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USD remains firm - Societe Generale

FXStreet (Barcelona) - Kit Juckes, Global Head of Currency Strategy at Societe Generale, underlines the current USD strength.

Key Quotes

"Risk assets have been resilient, but the dollar uptrend has started as front-end rate expectations continue to move in its favour".

"The dollar's rise is likely to be gradual however so long as the US economic recovery remains mired at a new normal pace".

"The shifting relationship between the dollar and global risk sentiment speak of a global macro environment moving away from the tyranny of “risk-on, risk-off” to a greater focus on relative economic and policy considerations".

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