Sunday , 23 February 2025
Home Forex Short covering lifts USD – Scotiabank
Forex

Short covering lifts USD – Scotiabank

A big week lies ahead for markets. There is plenty of US data to work through but the NFP update at the end of the week is the primary focus for traders looking for guidance on how aggressive a widely expected Fed rate cut on September 18th will be, Scotiabank’s Chief FX Strategist Shaun Osborne notes.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

FX Fundies Cheat Sheet for Feb. 24 – 28, 2025

Forex markets face a pivotal week ahead as traders digest potential U.S....

Premium Watchlist Recap: February 17 – 18, 2025

This week our currency strategists focused on the monetary policy statements from...

Here is the TD data center note that has everyone buzzing

AI hype and data-center capex have been major market drivers in the...

Is AMD stock a buy? A buyTheDip consideration at ForexLive.com

AMD Stock before NVDA's quarterly earnings event this week: After the failed...