G10
Next Week: Five G-10 Central Banks Meet, But Only Two Move–BOE Cuts and BOJ Hikes – Beragampengetahuan
Encouraged by the Federal Reserve’s rate cut and its T-bill purchases, the dollar was sold. The Dollar Index fell for the fourth week in the past five. Leaving aside the Bank of England, which will most likely cut rates in the week ahead, the easing cycle of most of the other G10 central banks appears […]
Week Ahead: Four G10 Central Banks Meet, Only the Fed Moves – Beragampengetahuan
The market had been gradually scaling back from speculation of a 50 bp cut this week by the Federal Reserve. The euro and sterling tested important technical support near $1.10 and $1.30 respectively. The Dollar Index set last week’s high after the August CPI. However, the general tone of the markets changed, spurred at least […]