Morgan Stanley predicts continued USD weakness amid slowing growth and upcoming rate-cuts. US employment data alongside plenty of EU data this week will keep currency markets alive
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The USD tumbled, oil prices firmed, equity markets and US yields are mixed as Trump delayed EU tariffs. The USD dropped to its lowest level in almost two years after Trump's U-turn on EU tariffs increased market uncertainty, highlighting the President's volatile policymaking.
Read MoreWith the US and the UK announcing interest rate decisions this week, all eyes will be on the comments regarding Forward Guidance as economies and bankers react to the ever-changing global power-shifts
Read MoreUSD volatility brings instability, as headlines jolt FX markets
Read MoreChina’s COVID numbers helps boost EURO
Read MoreStay on High ALERT: as USD $ & UK (£) rate decisions TONIGHT & TOMORROW
Read MoreGBP keeps falling
Read MoreThe currency war at its peak
Read MoreEUR/USD fell to 0.9950
Read MoreThis was never going to be a ‘quiet summer’
Read MoreECB meeting to bring volatility to the Euro at tomorrow’s meeting
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