The Fed could put the brakes on the dollar rally
This week, the key event for currency traders is Wednesday's Federal Reserve announcement, where the Fed will either include or strike the word "patient" in its guidance. If it does the latter, the central bank would technically be open to raising rates as soon as June.Still, not everyone suggests being long dollars in the event.
"I am long-term bullish dollars, but I think the Fed is going to put the brakes on the dollar next week," said Kathy Lien, managing director of FX Strategy with BK Asset Management. "The speed and velocity of the recent moves brings back the risk of disinflation.".sumber; http://www.cnbc.com/id/102504711
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