Dollar drifted lower in subdued trading, with many Asian markets closed for holidays. Movements in the currency markets elsewhere were mixed. Traditional safe havens like Yen and Swiss Franc inching higher. But at the same time, risk-sensitive currencies such as Australian and New Zealand Dollars also advanced. Overall risk sentiment lacking clear direction. This lack […]
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Market picture Crypto market capitalisation has returned to below $3 trillion to $2.95 trillion, losing around 0.8% in the last 24 hours and down 1% in seven days. The selling looks like short-term profit taking Read more…
We expect the Fed to maintain its monetary policy unchanged in the May meeting, in line with consensus and market pricing. The Fed will not publish updated economic projections. While we expect the Fed to Read more…
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