-
US Dollar sell-off continues as yields plunge further ahead of payrolls
Sentiment is turning sour once more as the spread of the Coronavirus increasingly impacts across the US. There has been a battle of conflicting forces on markets this week. Traders initially backing the easing and stimulus efforts are being pushed back amid the fear of the unknown impact of Coronavirus on both economic supply and demand. Bond markets are convinced that the Federal Reserve is not done in its emergency rate cuts. Fed funds futures are pricing for another three of perhaps even four more rate cuts, before the end of this year! The dollar is a big casualty in this. One of the big attractions of the dollar ... (full story)
- Comments
- Comment
- Subscribe
- Comment #1
- Quote
- Mar 6, 2020 3:42am Mar 6, 2020 3:42am
- kingleeny
- Joined Jul 2014 | Status: Member | 1479 Comments
- Comment #2
- Quote
- Mar 6, 2020 4:38am Mar 6, 2020 4:38am
- elanjaelani
- | Joined Oct 2016 | Status: Member | 188 Comments
- Comment #3
- Quote
- Mar 6, 2020 6:19am Mar 6, 2020 6:19am
- FX-Syndicate
- | Joined Aug 2017 | Status: Member | 255 Comments
- Comment #4
- Quote
- Mar 6, 2020 6:25am Mar 6, 2020 6:25am
- seaman2
- | Joined Feb 2013 | Status: Member | 629 Comments
- Comment #5
- Quote
- Mar 6, 2020 6:28am Mar 6, 2020 6:28am
- Mattmee
- | Joined May 2016 | Status: Member | 127 Comments
Dragon Shepherd
- Comment #6
- Quote
- Mar 6, 2020 6:53am Mar 6, 2020 6:53am
- TheCaveman
- | Joined Jul 2015 | Status: Member | 49 Comments
- Comment #7
- Quote
- Mar 6, 2020 9:20am Mar 6, 2020 9:20am
- Guest
- | IP XXX.XXX.204.153
- Comment #8
- Quote
- Mar 6, 2020 2:00pm Mar 6, 2020 2:00pm
- raklian
- Joined May 2017 | Status: Member | 721 Comments
- Comment #9
- Quote
- Mar 6, 2020 3:32pm Mar 6, 2020 3:32pm
- Guest
- | IP XX.XXX.95.171
- Comment #10
- Quote
- Mar 6, 2020 4:03pm Mar 6, 2020 4:03pm
- FX-Syndicate
- | Joined Aug 2017 | Status: Member | 255 Comments