Dollar set to stay supported on Fed rate-rise expectations, ING says
ING’s Chris Turner said the dollar should remain well supported as markets price further U.S. interest-rate rises, with a December hike expected and two additional rises next year, based on LSEG data.
The dollar should remain well supported by expectations for further interest-rate rises by the Federal Reserve, ING's Chris Turner says in a note. The market expects a rate increase in December followed by two rises next year, LSEG data show. "We think that is too aggressive, but doubt the market w…