Any rally in the greenback may offer an opportunity to short the US dollar for the medium-term.
Source
US Dollar (DXY) – Waiting for an Opportunity to Sell the US Dollar
access_timeNovember 20, 2024
Latest:
- ICYMI – China left benchmark lending rates unchanged for November, as expected
- PBOC sets USD/ CNY mid-point today at 7.1935 (vs. estimate at 7.2386)
- Former Fed Reserve Gov Warsh for Treasury Secretary? On irresponsible government spending
- US federal govmt debt to rocket to 122% of GDP – higher volatility, higher interest rates
- Trump said to consider Crypto lawyer Teresa Goody Guillén to lead SEC Chair
- Fed’s Barr speaking, doesn’t comment on the economy or monetary policy
- Economic calendar in Asia Wednesday, November 20, 2024 – China rate setting day
- Bitcoin trades to a new all-time high
- More from KC Fed Pres. Schmid: Rates are still somewhat restrictive
- KC Fed Pres. Schmid: Remains to be seen how far interest rates may fall
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