An ideal mix for the Dollar, fow now – ING

The Dollar has continued to build bullish momentum. Economists at ING see an ideal mix for the Dollar – for now.

It is hard to buck the Dollar's bullish momentum now

“A US debt ceiling deal is inching closer, and while the rebound in equities has been somewhat contained, pressure on bonds remains substantial.”

“Contributing to that were hawkish comments by Fed's Logan and lower-than-expected jobless claims, which translated into another round of Fed hawkish repricing.”

“It’s an ideal mix for the Dollar – for now.”