EBC Daily Snapshot Jul 30, 2024

The dollar stayed range-bound Tuesday. Traders expect the Fed to hold steady, start easing in September, and cut rates by 65 bps this year.

Reglamento: FCA (UK), ASIC (Australia), CIMA (Cayman Islands)
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Dollar gains after Fed decision; BoE looms

Dollar gains after Fed decision; BoE looms

Dollar strengthens after Fed sounds less dovish than expected - Stocks in the green as Powell says economy is solid - Trump expected to announce trade deal with Britain - BoE set to cut rates, focus to fall on guidance and projections
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