QCP Capital: If global economic growth remains robust, the US dollar is highly likely to weaken from here
BlockBeats News, September 3rd - QCP Capital posted in its official channel, stating that as we enter September, the market focus has shifted from the rate cut magnitude to the Fed's independence. The rise in term premia and the lowering of the USD downcycle threshold indicate a steepening yield curve, a weaker dollar, and provide support for gold and Bitcoin as hedging tools.
The Jackson Hole meeting has shifted the focus to a risk-oriented labor market cooling, making a September rate cut still a possibility. Two rate cuts within the year seem reasonable; currently, investors need to monitor the balance between the inflation rate and tariff-driven inflation expectations. If global economic growth remains resilient, the dollar is highly likely to weaken from here.
You may also like
Gainers
Latest Crypto News
Grvt GLP Strategy Reopened, Fund Cap Increased to $7.5 Million
An whale has deposited an additional 1.5 million USDC to avoid the liquidation of a 10x leveraged position in ZEC. The unrealized loss on the position has now reached 4.28 million USD.
A whale has transferred 15,396 AAVE to FalconX, incurring a $1.54 million loss.
Most Popular Meme Coins on the Monad Chain Experience 50% Value Plunge, While Moncock Surges Against the Trend by 350%
Wall Street Analyst Warning: This Year's "Santa Claus Rally" May Be Absent as Investors Buy More Downside Protection
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:[email protected]
VIP Services:[email protected]