Forex Flash: Less FED accommodation supportive for USD - RBS

FXstreet.com (Barcelona) - According to Greg Gibbs, FX Trading Strategist at RBS, many believe “that the Fed is continuing its very accommodative policy for a long time yet.” But instead, he thinks that “the incremental shift is towards less accommodation,” the analyst says, “and the result should be seen as a net positive for the USD,” Greg suggests.

From Mr Gibbs: “Furthermore, it should increase the links between stronger US data and a stronger USD,” Greg concludes.