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Flash: Drivers for the week ahead - BBH

FXstreet.com (London) – The currency research team at BBH offer a snap shot for the drivers of the week ahead.

Key quotes:

“The near-term fundamental considerations for the dollar have turned more negative”.

“Reports about growing risk to negative deposit rates by the ECB has not been confirmed”.

“We take this morning’s dovish comments by ECB’s Hansson more about keeping the options open than a statement of intent, in our view “.

“Speculation that the Fed may start tapering next month continues to reverberate – we still disagree”.

“Our confidence that some compromise on the US’s continuing spending resolution and the debt ceiling has been …read more