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The greenback should stay supported by expectations for imminent U.S. interest rate rises forward of the Federal Reserve’s subsequent meeting, ING said. The absence of notable knowledge before the Fed’s January means pricing for financial policy tightening should stay largely unchanged, ING analysts stated. “Markets are still looking Travel & Leasuire for a stage for rate hikes. It was only in October the market was anticipating one price hike for 2022 and now it is anticipating four,” said Edward Park, chief funding officer at U.K. “That’s reflecting the level of uncertainty we have available within the market proper now about the path of Fed coverage.”

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