The USD remained strong over the last month, with a bit of choppy trading in some FX rates. The Fed is on plate this week (along with the BoE and BoJ) and FX markets are pricing in a big shift in their 'dot-plots' from a sub-3% terminal rate guess in September to near 4% this time around. Room for disappointment for USD bulls seems to be increasing though - better to travel hopefully than to arrive! On the charts the USD is at big levels across the board, leaning to pullbacks. If you would like to read our report, contact us at info@tricio-advisors.com.
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