The trend in the USD is down - and normally its a good idea to follow the tend
BUT....
Europe second wave - euro negative
US cases coming down (possibly because of less testing)
US election
US Treasury auction supply - 20 year bonds next week
New Zealand example of other central banks easing first
Haven flows without stimulus deal, US China relations (talks start again tomorrow)
BUT....
Europe second wave - euro negative
US cases coming down (possibly because of less testing)
US election
US Treasury auction supply - 20 year bonds next week
New Zealand example of other central banks easing first
Haven flows without stimulus deal, US China relations (talks start again tomorrow)
Comentário:
So far so good on scenario 2
