Dollar-supportive factors may fade soon, says Wells Fargo

Longer-term dollar weakness likely as Fed approaches neutral policy, but how soon will that be?

weak link - string - Getty - web.jpg
Holding on: Wells Fargo still sees trade tensions between the US and China as positive for the dollar

CLICK HERE TO DOWNLOAD THE PDF (only available to FX Week Corporate subscribers)

Growth and interest rate trends that are currently working in the dollar’s favour could run out of steam in the medium term as expectations build for a slowdown in the US economy, and as the Federal Reserve slows its policy normalisation, says Erik Nelson, a currency strategist at Wells Fargo.

For now, the greenback’s momentum looks intact, as positive economic data points and inflation near the 2% mark mean the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to FX Markets? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: