The recovery in the USD has a bit more to go – Scotiabank
Source Fxstreet
The US Dollar (USD) is narrowly mixed in quiet trade. Economists at Scotiabank analyze Greenback’s outlook.
Potential for the USD to recover more of its Q4 decline
The USD still appears to be consolidating after its early January rebound.
The recovery in the USD has a bit more to go as US short-term yields reprice March FOMC risks but markets need a catalyst to drive more decisive movement.
Recall that the USD may also find support from bullish seasonal trends while longer-term technical signals suggest potential for the USD to recover more of its Q4 decline.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
Recommended Articles
In 2026, Bitcoin (BTC) suffered a Waterloo-style sell-off, with prices quickly retreating to around $60,000 from a period high of nearly $98,000 at the start of the year. Bitcoin is once
Financial Markets 2026: Volatility Catalysts in Gold, Silver, Oil, and Blue-Chip Stocks—A CFD Trader's OutlookThe financial world is perpetually in motion, but the landscape for 2026 seems to be shaping up to be particularly dynamic. For CFD traders navigating global markets, this heightened volatility could present a distinctive set of challenges and opportunities.
The financial world is perpetually in motion, but the landscape for 2026 seems to be shaping up to be particularly dynamic. For CFD traders navigating global markets, this heightened volatility could present a distinctive set of challenges and opportunities.
Gold (XAU/USD) attracts some dip-buyers following the previous day's modest slide and climbs back above the $5,050 level during the Asian session on Wednesday.
TexasWest Capital CEO Christopher Inks argues Bitcoin's drop is a completed "degrossing" event, structurally distinct from the 2022 Terra-induced collapse.
Fed Governor Waller claims the crypto craze has faded, while Bernstein backs Bitcoin to reach $150,000 this year.On Tuesday (February 10), the cryptocurrency market remained sluggish; wit
Related Instrument
