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USD still looks a solid multi-month buy - RBS

FXStreet (Łódź) - The RBS team of analysts stress that US and Canada exhibit the most economic strength currently.

Key quotes

"The weak international environment is a challenge but this should not be a deal breaker for the Fed as the US isn't a particularly open economy."

"China's manufacturing PMI was a little better in September, but still soft in a wider context. This plays to the view that there's simply very little inflationary pressure around due to weak demand."

"Hence plenty of opportunity for Fed expectations to shift, but a stronger USD still looks a solid multi-month buy."

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