Weaker dollar: commodity producers will be mostly affected - Westpac

Analysts at Westpac explained within their Global FX markets outlook that the mood toward the US dollar has soured a little of late amid the trials and tribulations of Washington.

Key Quotes:

"However, a return to the previous uptrend is anticipated as the FOMC delivers a 0.25% rate hike at their June meeting and subsequently follows–up in December and then twice in 2018."

"The commodity producers will be most affected, though the US dollar trend should also bring benefit for the Euro Area and Japan through 2018."