Dollar Ignores Strong Non-Farm Payrolls, Soldoff on Aggressive Fed Cut Pricing
A ballpoint pen and a calculator rest on top of a financial report that sits on a bar graph measuring a businesses quarterly performance. A mobile phone rests out of focus in the background.
Both US and Canadian Dollar continue to be the weakest one for today despite stronger than expected job data. In particular, markets are aggressively pricing in another deep rate cut by Fed on March 18, as Wuhan coronavirus pandemic worsens. At certain point today, fed fund futures were pricing in more than 80% change of […]
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