💵 USD: Recovery Signals Upside Potential – ING
The US dollar is showing signs of recovery, according to ING analysts, suggesting potential upside in the near term. 📈 Stronger economic data, resilient labor markets, and expectations that the Federal Reserve may keep interest rates higher for longer are helping support the greenback.
ING notes that recent pullbacks in the dollar appear corrective rather than trend-reversing, meaning the broader outlook remains constructive. If upcoming inflation and growth data stay firm, the USD could extend gains against major currencies.
⚡ Market takeaway: Short-term consolidation, but overall bias remains bullish for the US dollar.$USDE #WhenWillBTCRebound #PreciousMetalsTurbulence #MarketCorrection #USPPIJump