Day: August 4, 2024

  • Week Ahead: Central Bank Drives Currencies

    U.S.A. Fed Easing to Weigh on USD The US Dollar (USD) is expected to weaken as the Federal Reserve (Fed) transitions towards a more accommodative monetary policy stance. The central bank’s anticipated rate cuts aim to bolster economic growth, reducing the USD’s appeal as a safe-haven asset. Economic Headwinds While the US economy has shown…