The US dollar (USD) has advanced in night trade, with the markets operating with a clear aroma of risk aversion amid reports that the US is planning a possible attack on Iran in the next few days, they inform the main strategists of Scotiabank, Shaun Osborne and Eric Theoret.
Usd in general up as the appetite for the risk is softened by the geopolitical approach
“European and futures of US actions are down, after strong Treasury are flat (while European government bonds are weaker). (four) and only an additional cut next year – brightly Hawkish. “
“Economic forecasts anticipated a little more inflation and a little less growth this year, reinforcing the stagflation tone of recent economic developments. The USD rose a little in response, with President Powell suggesting that the economy” is not crying out “for a relief of politics and pointing out that data and feeling have improved in recent months. That is debatable. The recent reports of US data. They have disappointed in relation to the expectations and the Roundable Business of the US and provide more certainty for investment. “
“Progress in trade agreements remains slow, although – the president is distracted and forging agreements with key partners is difficult. The ‘pause’ 90 -day reciprocal tariff ends in less than three weeks. Up in the last sessions.
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
