Rate Cut Expectations, Inflation Fears Drive Market Sentiment
Sentiment oscillated between rate cut expectations and inflation anxieties even as markets continued an anxious wait for the PCE-based inflation readings from U.
Source: rttnews.com
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Jeremy Grantham Warns of Bubble in Stocks, Slams Bitcoin, Touts Dollar
Stocks are historically expensive, bitcoin is a tool for criminals, and the era of dollar dominance won't end soon, Jeremy Grantham said.
Source: businessinsider.com
EUR/JPY Price Analysis: Stalls after rally, dips to 164.00
The EUR/JPY is virtually unchanged during the North American session, after hitting a two day high of 164.40, though sellers dragged the exchange rate near the Tuesday open.
Source: fxstreet.com
It will be a sideways bumpy road for the USD in the coming months – Nordea
Economists at Nordea analyze how the focus on cuts from central banks could impact the FX market.
Source: fxstreet.com
US Dollar stands midly up as markets gear for PCE data
The US Dollar Index (DXY) is hovering around 104.20, trading with mild gains against its rivals on Tuesday.
Source: fxstreet.com