US Dollar Rallies to Fresh Yearly Highs as Fed Cuts Rates by 25-bps

31 July 2019 31 July 2019

BonTrade

With a contingent of the market holding out for a 50-bps rate cut, the US Dollar is gaining ground as dovish policy bets are unwound.

Read the original:
US Dollar Rallies to Fresh Yearly Highs as Fed Cuts Rates by 25-bps

Categories: BonTrade News

Leave a Reply

You must be logged in to post a comment.

Previous article

Two Fed officials disagree with decision to cut interest rates

Fed Cuts Rate by a Quarter Point, Cites ‘global Developments,’ ‘muted Inflation’