Rate Cut Hopes Eclipse Recession Concerns, Dollar Tracks Rising Yields

In the final week of August, financial markets delivered unexpected developments that caught many by surprise. Investor sentiment decisively shifted towards a risk-on approach, propelling major indices like DOW and DAX to new record highs. This optimism was largely driven by expectations of forthcoming monetary easing from key central banks, including Fed and ECB. Despite […] The post Rate Cut Hopes Eclipse Recession Concerns, Dollar Tracks Rising Yields appeared first on Action Forex.

Sep 2, 2024 - 10:13
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Rate Cut Hopes Eclipse Recession Concerns, Dollar Tracks Rising Yields

In the final week of August, financial markets delivered unexpected developments that caught many by surprise. Investor sentiment decisively shifted towards a risk-on approach, propelling major indices like DOW and DAX to new record highs. This optimism was largely driven by expectations of forthcoming monetary easing from key central banks, including Fed and ECB. Despite […]

The post Rate Cut Hopes Eclipse Recession Concerns, Dollar Tracks Rising Yields appeared first on Action Forex.

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