Fed won't pull the rug from under the short USD trade says Bank of Tokyo

Bloomberg had a chat with Bank of Tokyo UFJ strategist Lee Hardman

He says that the Fed is unlikely to change the tone of the FOMC statement to any great degree and that will keep the pressure on USD. He expects the statement to be less dovish than March but not so far as to give a strong signal that June is going to be when the Fed pulls the trigger again.

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