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A potential U.S. debt-ceiling suspension may present an upside risk for dollar, says BNP Paribas

Por: MarketWatch Business May 16, 2023

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A team of strategists at BNP Paribas, led by foreign exchange strategist Alexander Jekov, said they expect the U.S. debt ceiling to become “an increasingly important theme” for markets, and a potential suspension may give room for the U.S. dollar to jump. “The U.S. debt ceiling presents an asymmetric upside risk for the U.S. dollar, in our view,” the strategists wrote in a Sunday note. “While there is no clear pattern as to how the USD... + full article



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