Category: ratecutting
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Fed’s rate-cutting cycle points to weaker dollar
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Investing.com – The Federal Reserve has begun its rate-cutting cycle, and Bank of America Securities continues to expect a modest decline in the US dollar through 2025. “Although the Fed modestly surprised markets with a 50 basis point cut last week, we see major currency dynamics largely unchanged in the…
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Time has come to buy dollar, BCA says, ahead of Fed rate-cutting cycle By Investing.com
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Investing.com — The U.S. dollar broke a four-week losing streak on Friday, and some believe it’s time to buy the greenback as the fighting spirit is expected to continue. “We had been recommending a range trading for the dollar index between 101 and 108. The dollar index has recently entered…
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Time has come to buy dollar, BCA says, ahead of Fed rate-cutting cycle By Investing.com
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Investing.com — The U.S. dollar broke a four-week losing streak on Friday, and some believe it’s time to buy the greenback as the fighting spirit is expected to continue. “We had been recommending a range trading for the dollar index between 101 and 108. The dollar index has recently entered…