BofA survey shows short USD no longer seen as crowded trade

BofA survey shows short USD no longer seen as crowded trade
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BofA survey shows short USD no longer seen as crowded trade
Source link
Third Quarter 2025 in Figures October 1, 2025 The Bank of England and Federal Reserve Bank interest rates were each lowered 25 basis points during the third quarter, whereas central banks were not changed in Euroland, Japan or Switzerland. Ten-year sovereign debt yields rose in Euroland, Great Britain, Japan, Switzerland and Japan but dropped in…
Summary The European Central Bank (ECB), in a widely expected decision, lowered its Deposit Rate by 25 bps to 2.00% at today’s announcement, while its accompanying statement contained both dovish elements and some more constructive elements. The ECB noted that current conditions were exceptionally uncertain, while also observing a deceleration in underlying inflation pressures and…
European Commission President Ursula von der Leyen said early Friday that the European Union (EU) is ready to use its most powerful trade measures and may impose levies on US digital companies if negotiations with US President Donald Trump fail to end his tariff war against Europe, per Financial Times. Key quotes We are developing…
Analysis-Why China's neighbours may want currency deals with Trump Source link
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The butterfly pattern is one of the most recognised harmonic formations in technical analysis. Built around Fibonacci ratios, it provides traders with a structured way to spot potential market reversals. Unlike some patterns that complete within an initial price swing, the butterfly extends beyond it, often marking areas of exhaustion. This article breaks down the…