USD FORECAST: US DOLLAR DRIVES LOWER AS FED RATE CUT BETS RISE AHEAD OF CONSUMER CONFIDENCE DATAUSD price action continued to pivot lower from three-year highs as traders ramp up dovish expectations for the Federal Reserve amid mounting coronavirus concernsThe US Dollar faces further downside potential as market participants reaccelerate future Fed interest rate cut expectations in light of an inverted yield curve and rising recession riskConsumer confidence data due for release
Disclaimer: The views expressed are solely those of the author and do not represent the official position of Followme. Followme does not take responsibility for the accuracy, completeness, or reliability of the information provided and is not liable for any actions taken based on the content, unless explicitly stated in writing.
Leave Your Message Now