Market News

The outlook for USD looks promising in 2022 – HSBC


The US greenback has been transitioning from a weaker to more advantageous nation this year. In the view of economists at HSBC, the USD will in all likelihood continue to be resilient, amid slowing world boom and the Fed’s ahead instruction on fee hikes.

The USD’s modest electricity appears set to persist in 2022
“Yet, there is truely some challenge about the terrible combine of slowing international increase with stickier inflation.”

“In our view, ‘stagflation lite’ – a lighter model of the Nineteen Seventies stagflation – is occurring. We accept as true with that this nevertheless performs to the benefit of the USD – one of the ‘hardest’ currencies.”

“A greater serious shape of stagflation is now not our base case; however, if the markets an increasing number of concern this scenario, the USD ought to additionally be primed to benefit.”


Leave a Comment

Your email address will not be published.

You may also like