The impact of Friday's nonfarm payrolls release is still being felt as markets digest the implications of a stronger USD and an imminent Fed rate hike. What's new, however, is an ultra-dovish statement from the ECB signalling a potential rate cut in December – are Draghi and Yellen set to diverge further still?
from Peter Garnry - Authored content https://www.tradingfloor.com/posts/from-the-floor-doubling-down-on-divergence-6549276?utm_medium=tf4-feed&utm_source=extract
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From the Floor: Doubling down on divergence
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