USDs

DXY daily Synopsis: Despite its historical strength and the ‘USD smile’ framework, the USD’s recent subdued performance has left market observers questioning the continued applicability of this model. Credit Agricole delves into the factors affecting the USD’s momentum and highlights the potential paths for the currency moving forward. Key Takeaways: Synchronized G10 Rates and Yields:

Share: Economists at Crédit Agricole highlight uncertainties surrounding a potential US government shutdown and its implications for the USD.  Some relief and support to the USD if a resolution to prevent the shutdown is reached before the deadline The expectation is that a resolution will be reached before the 1 October deadline, possibly