Forex Flash: Federal Reserve to exit first unconventional monetary policy - UBS

FXstreet.com (Barcelona) - According to Mansoor Mohi-uddin, Head of Foreign Exchange Strategy at UBS: “America's weaker than expected Q1 GDP print has raised concerns that this year's fiscal cuts may also result in another summer slowdown,” the analyst notes, adding: “Such fears are holding back our bullish view on the dollar for now.”

“But we expect the US economy will still outperform its peers this year and the Federal Reserve will be the first to exit unconventional monetary policy,” he concludes.