USD undervaluation easing – Westpac

USD still on the front foot though it’s mostly on external catalysts of late rather than any fresh intrinsic USD positives (e.g. increased Italian sovereign risk, persistently weak Eurozone data), explains Richard Franulovich, Research Analyst at Westpac. Key Quotes “US data has been uneven of late, average hourly earnings and core CPI on the subtrend […]

The post USD undervaluation easing – Westpac appeared first on Forex Crunch.