Day: November 7, 2024

MrMBrown: Short CB previews:

BoE: 25bp cut; 8-1 vote; CPI f’casts revised up; Bailey to go meet-by-meet, no repeat of ‘more activist’ line FOMC: 25bp cut; statement unch; Powell to ‘straight bat’ political Qs at the presser, repeat rates on a journey to neutral, speed hinges on data submitted by /u/XGramatik [link] [comments]

📈🔹 Trading on Trump increases the US dollar The dollar is strengthening in the foreign exchange market in response to the US elections, as expected.

🔹 Trading on Trump increases the US dollar The dollar is strengthening in the foreign exchange market in response to the US elections, as expected. 🔸 Investors react to political events, and in this case, the strengthening of the dollar became a noticeable trend after the announcement of the election results. 🔹 According to analysts, this reaction is the result of expectations of stabilization of economic policy and improvement of the business climate in the country. submitted by /u/Yuriy_UK [link] [comments]