Fundamentals point to a fall in the euro against the USD. The upcoming midterm elections have emboldened the EURUSD bulls. The US dollar failed to capitalise on Fitch’s downgrade of France’s credit rating outlook from ‘stable’ to ‘negative’, the mass protests across Europe, or the unexpected slowdown in inflation in Germany. The US currency fell […]
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Back in the 1980s, my mother went grocery shopping at the Stop & Shop closest to our house. On rare occasions, we went to a butcher shop, and a nearby town had a fruit and Read more…
Dollar traded without a clear direction during Monday’s European session, even though CME FedWatch showed the probability of a December 25bps hike rising from 70.7% at Friday’s settlement to 76.6%. The US 2-year Treasury yield Read more…
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