• 09/21/2024

Slow U.S. Growth, Fed Rate Cuts Needed Before Dollar Weakens

Wall Street Journal

Weaker U.S. economic data and interest-rate cuts by the Fed will both be necessary for the dollar to weaken, and this is likely to take longer to materialize than markets expect, BofA Global Research said.

https://www.wsj.com/articles/eur-usd-falls-further-after-strong-us-jobs-data-low-volatility-limits-drop-9213e6c6