10 Apr 2014
The greenback is still vulnerable - BBH
FXStreet (Guatemala) - Marc Chandler, Global Head of Currency Strategy at Brown Brothers Harriman explained that the greenback is vulnerable to additional losses.
Key Quotes
"The US dollar suffered losses yesterday in response to confirmation that Fed policy will remain extremely accommodative for more than another year. Those losses were initially extended in Asia and even further in European."
"The Australian dollar and yen are competing for the leadership role today. The greenback is vulnerable to additional losses in response to the realization of the extent of the Fed’s dovishness”
Key Quotes
"The US dollar suffered losses yesterday in response to confirmation that Fed policy will remain extremely accommodative for more than another year. Those losses were initially extended in Asia and even further in European."
"The Australian dollar and yen are competing for the leadership role today. The greenback is vulnerable to additional losses in response to the realization of the extent of the Fed’s dovishness”