None
EN
USD/CHF, USD/CAD, and USD/MXN Forecasts – Rate Differentials Keep Dollar Buyers in Control
['Christopher Lewis', 'Min Read']
Yahoo Finance - Business Finance, Stock Market, Quotes, News
Source: TradingViewThe US dollar has initially fallen against the Swiss franc, but turned around to show signs of life as the carry trade continues to play out here.
Source: TradingViewThe US dollar initially fell against the Canadian dollar during trading here on Friday, only to turn around and show signs of life.
Ultimately, this is a market that the interest rate differential pays traders to hold dollars as well.
So, this, too, is following the interest rate differential path.
This is part of the reason why these pairs attract so many inflows at times to use for that overall interest rate differential payment at the end of the day.