No replay of 2015 dollar bull run, says UBS

Market movements, however, will be dictated by forward monetary policy signals from the Fed and ECB

Euro sign outside the European Central Bank in Frankfurt
Light show: Farmakis expects the euro to strengthen appreciably against the pound

CLICK HERE TO VIEW THE PDF

Market participants should not expect to see a replay of the 2015 bull run in the US dollar, despite increasing market expectations that the Federal Reserve will hike rates in December, says Lefteris Farmakis, a macro strategist at UBS. The Swiss bank topped FX Week's three-month forecast tables with close calls on three currency pairs.

While he does expect the US central bank to hike rates at its last meeting in December, Farmakis anticipates the Fed will soften its

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: