TD: DOLLAR COULD GAIN IF FED STAYS CAUTIOUS
TD Securities says the dollar may rise if the Fed delivers a 25bp cut next week but signals caution on further easing, stressing inflation risks. Markets expect back-to-back cuts, but Powell could emphasize a data-dependent approach. TD still sees the dollar weakening longer term, with rallies as selling opportunities.The copyright of this article belongs to the original author/organization.
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