meszaros

The market expects another cut of 25 basis points...

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TVC:US03M   US 3M
The market is expecting another interest rate cut. Construction of the declining double fractal at US03M may begin. This means that the short-term interest rate forecast may fall to 1.25%. These forecasts have been relatively stable so far. It can be seen that the peaks of the exchange rate wave sequence follow the auxiliary axis projected to the moving average curve. As a result, I expect another dollar to weaken.

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