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US dollar quick off the mark in 2017 – #SaxoStrats
The greenback is rippling its muscles as the new year begins, but where does it go from here, asks Saxo Bank’s head of FX strategy John Hardy.
President-elect Donald Trump could begin 2017 with Ronald Reagan-like politics, resulting in high risk appetite but this is not expected to sustain throughout the year.
Hardy also looks ahead to Friday’s nonfarm payroll data from the US, arguably the most important piece of economic data this week.
01:58 minutes
Tags: forex, fx, john hardy, saxotradergo, tradingfloor.com, us dollar, usd
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