USD features broadly in quiet commerce. Economists at Scotiabank analyze Greenback’s outlook.
Extra vary buying and selling within the majors within the brief run
Buying and selling impulses look comparatively restricted, suggesting extra vary buying and selling for the majors as markets proceed to give attention to Thursday’s US CPI launch as the subsequent main catalyst.
Search for extra vary buying and selling within the majors within the brief run however the window for a USD rebound stays open over the subsequent few weeks as markets reprice March Fed easing bets (15 bps priced in now versus 24 bps at the beginning of the month).
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