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Bank
of
America
highlights
that
recent
US
growth
indicators
have
started
to
turn
lower,
and
inflation
appears
to
be
easing.
This
trend
has
tempered
the
USD’s
strength,
as
markets
anticipate
a
potential
Fed
easing
cycle
this
year.
BofA’s
G10
FX
HeatMap
provides
a
broader
context
for
the
USD
outlook
by
evaluating
multiple
metrics
across
G10
currencies.
Key
Points:
Conclusion:
BofA’s
analysis
indicates
a
mixed
outlook
for
the
USD,
influenced
by
slowing
US
growth
and
easing
inflation,
which
support
expectations
of
a
Fed
easing
cycle.
The
G10
FX
HeatMap
reveals
favorable
prospects
for
Scandinavian
currencies
and
mixed
signals
for
the
USD
and
JPY,
while
the
EUR
shows
generally
unfavorable
metrics.
This
comprehensive
evaluation
helps
contextualize
the
potential
movements
in
G10
currencies
going
forward.
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