$DXY ends the week sitting between a key handle at 97.27 and the organic hori @ ahead of last Fed's datawatch round next week.
GDP and Manufacturing export data eyed.
Following Williams dovish opera yesterday, Bullard added his till to the tail today stating that there is no need to revisit the decision on the timing of the balance sheet runoff.
Bullard voted at the last meeting for a rate cut, and he hinted today that he would do the same at the upcoming meeting on July 30/31.
Market consensus is now flowing between a 25 bps vs a 50 bps cuts.
Knives getting ready for a short-term DXY_POWELL_DROP or a longer term DXY_NOSE_DIVE_LEAN_AND_MEAN
GDP and Manufacturing export data eyed.
Following Williams dovish opera yesterday, Bullard added his till to the tail today stating that there is no need to revisit the decision on the timing of the balance sheet runoff.
Bullard voted at the last meeting for a rate cut, and he hinted today that he would do the same at the upcoming meeting on July 30/31.
Market consensus is now flowing between a 25 bps vs a 50 bps cuts.
Knives getting ready for a short-term DXY_POWELL_DROP or a longer term DXY_NOSE_DIVE_LEAN_AND_MEAN
