By eFXdata — May 09 - 01:30 PM
Risks Skew Towards Weaker USD 📉💵
Barclays highlights that the risks remain tilted towards a weaker USD. The focus is shifting from global factors to US-specific issues such as lingering concerns around regional banks and the deadlock over the debt ceiling.
USD Gains Limited by Credit Tightening Fears 🌀💵
Barclays suggests that any tailwind from the Fed to the USD will be countered by expectations of credit tightening, reducing the potential for USD gains.
Barclays Research/Market Commentary