Jerome Powell is expected to speak this week concerning the Treasury note yield curve. We’re looking to see an aggressive Fed to address the potential global recession, which means quantitative easing and another rate cut.
This is a bearish signal for a weak dollar, due to the Fed debasing the currency by increasing dollars in rotation. This could bring in a high-volume price action.
An Easier Fed could mean my technical analysis would be inaccurate, and the EUR would push price to the down side.
This is a bearish signal for a weak dollar, due to the Fed debasing the currency by increasing dollars in rotation. This could bring in a high-volume price action.
An Easier Fed could mean my technical analysis would be inaccurate, and the EUR would push price to the down side.