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There hasn’t been much change to the overall picture as we come into Tuesday. On the FX side, it’s been about a repricing of policy expectations which have shifted back in the US Dollar’s favor. Odds for a 50-basis point Fed rate cut have come off the table, while odds for a 25-basis point ECB cut this week have moved towards a near certainty.Video Length: 00:00:57More By This Author:Hotter US CPI Doesn’t Change The Picture US Equities Not Worrying About Dollar Demand Dollar Recovers After Impressive US Jobs Report
Dollar Bid, US Equities On Fire
