Market Analysis: Federal Reserve to Maintain a Relatively Hawkish Stance

BlockBeats News, January 10th: Pepperstone's Senior Research Strategist Michael Brown stated, "I believe the non-farm payroll report will only encourage the U.S. dollar to continue its uptrend. This has been the market's preference for some time, of course, helping to reinforce the theme of the 'American exceptionalism,' and should keep the Federal Reserve relatively hawkish compared to other G10 member countries. The biggest risk to the bullish view on the U.S. dollar is that market participants may seek to take profits/reduce positions early next week ahead of the presidential inauguration of Trump." (FXStreet)