After the Federal Reserve expressed dovish comments, Wall Street banks are predicting a possible weakening of the US dollar. Nevertheless, some large banks have taken a different position than the general consensus and believe the US currency will grow stronger in the coming year. Fidelity and JPMorgan Bet on Stronger Dollar ● The Rest of World Struggle with Inflation and High-Interest Rates This view ...
SpyderCall
Timtan85
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I am with Goldman. I think that the lower borrowing costs coming from lower interest rates will decrease demand for the dollar and ultimately decrease its value. But if the US economy starts showing improvement, then that will strengthen the dollar. 2024 is going to be interesting.
Wednesday's FOMC meeting and Powell's dovish speech sent stock and bond markets into a frenzy. The decline in risk-free rates confirms the Goldilocks period, allowing many industries that have been suppressed by high interest rates to recover, and may change the pricing logic of many assets. ■ How Low Treasury Yields Can Go？ The benchmark 10-year yield slipped a further five basis points Thursday to as low as 3.97%, down from a peak of 5...
Dear members, previously, some members gave feedback that there are too many messages in our group and it's not easy to unlock them.So, cici tried to use the Post to organize the weekly learning to everyone,so that you won't miss the important information. Here are the important contents of this week for your reference.There are three parts: Market Trends, Hot Topics, and Premium Learn, if you are only interested in a certain part you can directly slide to that pa...
Welcome Mooers! This week's topic, we will be discussing 'How do we start short-term trading?'. We will focus on 4 main points. Point 1: Who do we want to be? There are 3 kinds of short-term traders. They are: 1. Scalpers 2. Day traders 3. Swing traders A scalpers aim to profit from a position that last not longer than 10 minutes. Unlike scalpers, day traders trade within a single day while swing traders can have position that last from several days to we...
USD/GBP Forum
SINGAPORE (Reuters) - Asian shares inched higher while the dollar was pinned to one-year lows on sterling and the euro on Thursday as Federal Reserve minutes showed policymakers were ready to start cutting U.S. interest rates.
The minutes said the "vast majority" felt that if data came in as expected, a September cut was likely to be appropriate and in response U.S. stocks rose, bonds rallied and the dollar fell.
https://sg.finance.yahoo.com/news/shares-buoyed-dollar-battered-fed-021052228.html
EBC Group
Fidelity and JPMorgan Bet on Stronger Dollar
● The Rest of World Struggle with Inflation and High-Interest Rates
This view ...
■ How Low Treasury Yields Can Go？
The benchmark 10-year yield slipped a further five basis points Thursday to as low as 3.97%, down from a peak of 5...
Here are the important contents of this week for your reference.
This week's topic, we will be discussing 'How do we start short-term trading?'. We will focus on 4 main points.
There are 3 kinds of short-term traders. They are:
1. Scalpers
2. Day traders
3. Swing traders
A scalpers aim to profit from a position that last not longer than 10 minutes. Unlike scalpers, day traders trade within a single day while swing traders can have position that last from several days to we...
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