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US Retail Sales

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White House economist Larry Kudlow said there were no "big agreements" expected of the trade talks that will take place in China this week
#31 - July 29, 2019, 12:39:11 AM

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There are 3 possible scenarios regarding the movement of the USD due to the results of the meeting later. Highest probability: trimming 25 bp. Considering the interest rate cut has been included in the price, chances are we won't see a significant decline in USD, but downward movement still has the potential to occur. Moderate probability: trimming 50 bp. A higher rate of interest rates will cause the USD to weaken. The American currency will fall deeper than expected. After the cut, the USD has the potential to weaken for a long period of time. The lowest probability: interest rates are maintained. The possibility of interest rates being maintained is very small, but the opportunity is always there. If indeed there is no change, the USD will get support
#32 - July 29, 2019, 09:32:40 AM

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