Laden…
The Fed cut rates for the third time in 2019 as insurance against the global slowdown, and the dollar came under pressure after the decision. The US dollar traded near 97.27, close to October lows and well below its 2019 high of 99.67.
The article says the cut was well forecast and largely priced in, and that US GDP grew 1.9%.
A weaker dollar would support US dollar-priced commodities, but the analyst expects further cuts to be unlikely, so the currency effect may fade. The move is largely priced in, which limits the price impact.
exchangerates.org.ukJames Elliot31 okt 2019Na 1.637 eerdere neerwaarts macro-gebeurtenissen bewoog Amerikaanse dollar (breed) zich mediaan -0,2% over 5 sessies (39% hoger; middelste helft -0,6% tot +0,3%), en -0,2% over 20.
Bewegingen van de benchmark van elke grondstof sinds de laatste slotkoers vóór de gebeurtenis. Historische waarden bundelen eerdere gebeurtenissen van hetzelfde soort; ze beschrijven wat er gebeurde, niet wat zal gebeuren. Geen beleggingsadvies.
