Markets are betting on a Fed's dovish reversal and buying EURUSD. However, as history shows, a blow to the US economy is required for a sharp transition from raising to lowering rates. Let's
Financial market sentiment changes frequently. The Treasury yields rally will hardly support the greenback as it did in March. However, the euro bears could obtain a new advantage in May. Let us discu
The ratings agency citing the "broad and growing scope of economic and market disruption from the coronavirus outbreak". Moody's make reasonable points though not parti
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