Traders continue to ramp up bets on a 50bps rate cut by Fed this Wednesday, with market odds now sitting at 65%. This increasing expectation is driving DOW futures higher, positioning the index for a potential new record high in the upcoming regular trading session. However, S&P 500 and NASDAQ are showing less momentum, struggling […]
The post Dollar Weakens as Traders Boost Bets on 50bps Fed Cut appeared first on Action Forex.
Discover more from FX Live
Subscribe to get the latest posts sent to your email.