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fxJun 17, 2026, 10:51 AM

USD Range Trading Persists as Fed Holds Steady – Societe Generale

Societe Generale strategists note the US economy shows resilient growth with sticky inflation, keeping the Fed on hold and USD range-bound. Market pricing still leans toward a rate hike in early 2025.

USD

Societe Generale's Kit Juckes relays Jan Groen's assessment that the US economy continues to exhibit resilient growth alongside sticky inflation, which keeps the Federal Reserve on hold for now.

The note highlights that market pricing still favors a rate hike in early 2025, contributing to persistent range trading in the US dollar. The outlook remains one of limited directional momentum until clearer policy signals emerge.

Source: FXStreet Forex News