Is the recent U.S. Dollar price hike due to the market pricing out the prospects for relatively rapid rate cuts and a lower terminal rate? There also seem to be easing moves within the global economy. George Pearkes says that the currency's move is not about risk aversion or a need to buy a safe asset. Are consumers still spending and for how long? Also, Pearkes weighs in on how the crude oil price impacts the Federal Reserve.
Futures
15 Sep 2023
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