Sharply lower USD on expectations of dovish Fed minutes
The USD is weakening quickly, as market participants expect the minutes of the last FOMC meeting to confirm the Fed’s willingness to tolerate a temporary…
Global stocks continue to rise and so do commodity prices and bond yields, while the Bitcoin is nearing $50000. Risky assets are pushed higher by a mix of confidence in the future economic recovery and speculation in a context of over-abundant liquidity. The reopening of US financial markets will test this optimism today. The EUR/USD is almost stable near 1.2130-40.
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