Li You, an analyst of Ping An Bank’s Ping An hedging strategy, believes that inflation in the United States is still stubborn, and the U.S. dollar index fluctuates in the 103-106 range in the short term; the Bank of England is expected to cut interest rates, and the pound is under pressure to adjust; the yen is fluctuating in the short term, and if the Fed does not cut interest rates is expected to be further narrowed, the yen has room for appreciation; and the offshore price spread of the renminbi is widening, putting pressure in the short term.
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KatyPaty
· 2024-03-22 16:09
Thank you very much for the information and have a great trade 💯
How does the dust settle on the "Super Central Bank Week" to affect the global foreign exchange market?
Li You, an analyst of Ping An Bank’s Ping An hedging strategy, believes that inflation in the United States is still stubborn, and the U.S. dollar index fluctuates in the 103-106 range in the short term; the Bank of England is expected to cut interest rates, and the pound is under pressure to adjust; the yen is fluctuating in the short term, and if the Fed does not cut interest rates is expected to be further narrowed, the yen has room for appreciation; and the offshore price spread of the renminbi is widening, putting pressure in the short term.