BlueberryMarkets

FED DOVISH TONE PRICED IN...WHAT WILL HAPPEN TO THE USD?

TVC:DXY   U.S. Dollar Index
In this video update, we discuss the two scenarios ahead of this meeting and what could
happen if the Fed discuss further cuts in the future or if they downplay the need to cut rates going forward.
Inflationary data suggest a cut is likely but will FED chair Powell want to open the flood gates for the USD bears.
We are not so sure...
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