Tuesday, May 21, 2024
Mild repricing of rate cut bets on hawkish Fed speak
Next 24 hours: Traditional markets take back seat to crypto
Today’s report: Mild repricing of rate cut bets on hawkish Fed speak
We suspect market activity will pick up today after a rather subdued Monday session that was lacking in first-tier economic data releases. A round of hawkish Fed comments has however resulted in some mild renewed demand for the Buck. read report