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Tracking growth differentials and the USD – Westpac

FXStreet (Guatemala) - Richard Franulovich Westpac Banking Corporation ABN noted the current conditions surrounding the greenback.

Key Quotes:

“In the wake of today’s strong advance Q2 US GDP we update our slide comparing the USD with growth differentials”.

“The prospect of relatively firmer cyclical US growth conditions has long underpinned consensus expectations for a stronger USD vs the G10”.

Tapering on schedule – Rabobank

Analysts at Rabobank noted that, as expected, the FOMC decided to taper its asset purchase program by another $10bn, evenly split between US treasuries and agency MBS.
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