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Podcast: The Afternoon Update with Lynlee Foo
Episode: Money in the Market: Should we go all in on the US dollar amid erased hopes of a March rate cut?
Description: The US dollar has recently pulled back from a nearly three-month high against major currencies hit at the beginning of the week. The greenback was rallying as much as 1.4 per cent against the euro after unexpectedly strong US jobs data, as well as diminished bets for an early interest rate cut. But while hopes of a March rate cut have been ruled out, is the market still showing some reluctance to go all in on the long US dollar trade, given the high conviction around rate cuts later in the year? To find out more, I’ll be speaking to...