Best scenario for dollar is LONG. Inflation is at 7.48 and they must do something on their policy, so the best case scenario is moving to rase interest rates on March. Fed is avoding the worst data is history and pretend that everything is okay, trying to move to risk off market. But the scenario stays the same even if they stay hawkish. Why is that?
Because even if they stay in the same policy marken will stay to risk on and recession will follow because investors allready started to buy 10y bonds (recession signal) so dollar will react as a safe heaven)
Because even if they stay in the same policy marken will stay to risk on and recession will follow because investors allready started to buy 10y bonds (recession signal) so dollar will react as a safe heaven)
