Blogotariat

Oz Blog News Commentary

Major bank: Australian dollar won’t get far

August 26, 2024 - 13:30 -- Admin

Goldman addresses the freefalling DXY. USD: Cut but don’t run. The time for cuts has come, and FX markets clearly see that as a time to short the Dollar. It is understandable because the Dollar starts from a position of being highly valued, and because the Fed can and may adjust real rates faster than

The post Major bank: Australian dollar won’t get far appeared first on MacroBusiness.