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May 09 - 02:55 PM

USD: Risks Skew Towards Weaker USD; USD Gains Limited by Credit Tightening Fears 📉💵 - Barclays

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.

Source:
Barclays Research/Market Commentary

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