Look past the Fed for dollar positives
MARKET VOICE
Most market analysts remain focused on the short-term implications of whether the Fed stops at 4.75%, 5% or higher. And with both the current and former chairmen speaking in both official and non-official roles in the last few weeks, the degree of this focus has only become more extreme.
However, at Westpac, we prefer to take a slightly longer-term approach. And while the Fed may ultimately determine where EUR/USD lies within its three-month range of 1.1650/1.23, the range break, when it comes
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