BNP Paribas: market pricing in too few Fed rates hikes
French bank expects dollar strength to be boosted by Donald Trump's election to White House
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The outcome of the US presidential elections, with Republican candidate Donald Trump clinching the race, will further boost the dollar's bullish prospects, but markets have yet to price in the extent of rate hikes the Federal Reserve could undertake next year, according to Steven Saywell, global head of foreign exchange strategy at French bank BNP Paribas, the winner of FX Week's one-month forecast rankings.
Saywell believes that if Trump is able to push through the
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