© Reuters. FILE PHOTO: U.S. Dollar and Euro banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration By Hannah Lang and Joice Alves WASHINGTON/LONDON (Reuters) – The dollar index was off a two-month high Thursday after Federal Reserve meeting minutes left the door open for more rate hikes and data this week
PBOC monetary policy maker Cai Fang has published a letter calling for urgent consumer stimulus: If the household budget curve is not repaired in time, the lack of confidence in residents’ consumption may turn from short-term behavior to long-term behavior. This long-term behavior means entering the so-called “balance sheet recession”. For the new normal that
Euro, EUR/USD, Technical Analysis, Retail Trader Positioning – IGCS Update Euro remains in a short-term downtrend vs the US Dollar Retail traders keep building upside exposure in EUR/USD Bullish Morning Star follow-through is falling apart Recommended by Daniel Dubrovsky Get Your Free EUR Forecast The Euro remains about 2.7% under the July high in what
Bloomberg (gated) have the comments from Morgan Stanley and Goldman Sachs. Morgan Stanley say: Opportunities in Japanese equities are “now even clearer” the BOJ adjustment on Friday to allow the yield on 10-year bonds to trade as high as 1% has “successfully added policy flexibility without signaling a tightening cycle” noted that sustained monetary tightening