The US dollar's downside might be contained
The US dollar has been pressurised by the Federal Reserve’s large 50-bps rate cut last week, but the downside for the greenback is likely to be limit ed ahead of...
The US dollar has been pressurised by the Federal Reserve’s large 50-bps rate cut last week, but the downside for the greenback is likely to be limit ed ahead of...
Politics and monetary policy continue to dominate FX market sentiment and this is unlikely to change in the short-term.
Mr. Trump described a CBDC as a “dangerous threat to freedom” last month and vowed to block it if he becomes president.
History shows that Republican presidents are more likely to preside over a falling US dollar, but Trump’s first term was a little better than his predecessors.
2024 is a bumper year for elections. Around half of the world’s population will be eligible to vote for new leadership.
The US dollar has started 2024 in pretty stable fashion and this stability may continue until two key questions are answered: will the Fed ease policy as the market...