Pre-FOMC: Dollar to Rally on Second Wave Scare?
The highlight of the week for liquidity will be the FOMC rate decision in 4 hours.
5 things to watch in today's press conf:
1) Optimistic or pessimistic forecasts?
2) Support for the economy
3) Negative rates
4) Bubble trouble?
5) Urging fiscal stimulus
Conclusion
The next big moves in markets depend on the Fed. Optimism and commitment to act would boost stocks and weigh on the safe-haven dollar while pouring cold water —in various ways— would send stocks tumbling and would cause the DXY to make a bullish comeback.
14:10:55 (UTC)
Wed Jun 10, 2020
5 things to watch in today's press conf:
1) Optimistic or pessimistic forecasts?
2) Support for the economy
3) Negative rates
4) Bubble trouble?
5) Urging fiscal stimulus
Conclusion
The next big moves in markets depend on the Fed. Optimism and commitment to act would boost stocks and weigh on the safe-haven dollar while pouring cold water —in various ways— would send stocks tumbling and would cause the DXY to make a bullish comeback.
14:10:55 (UTC)
Wed Jun 10, 2020
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.