DBS Bank: Federal Reserve to Send Clear Signal that Rate Cut is Coming

Jinshi Data News on July 31, investors bet that the Fed will lay the foundation for the upcoming rate cut in tonight’s meeting, and the dollar therefore fell. Analysts at Yu Xin Bank’s research department said in a report that the Fed may keep the Interest Rate unchanged, but will send a clear signal that the Fed is getting closer to a rate cut, which may happen as early as September. They said that the euro against the dollar EUR/USD may stay above 1.08, while the pound against the dollar GBP/USD may pump further above 1.28.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)