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USA Confidence Fades, EUR Fortunes Rise, AUD Angst Builds

USA Confidence Fades, EUR Fortunes Rise, AUD Angst Builds

Submitted by • March 28, 2017 ampgfxcapital.com

The outlook for the USD looks weaker on a number of counts – Trump optimism has faded, the Fed has emphasized a gradual approach, and recent US economic data is more mixed. US equities look relatively expensive, and the market may view EUR as basing, looking ahead to the time when ECB ends its QE/NIRP.

It appears to be undermined by angst over its domestic housing market, energy shortages and broader political uncertainty leading up to the May budget. Higher interest rates and corporate bond yields in China and ebbing iron ore prices may also be dampening the AUD.

Read more in details at http://ampgfxcapital.com/reports/usa-confidence-fades-eur-fortunes-rise-aud-angst-builds/

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