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Macro Money - August 28, 2024 - Is the Euro Too Expensive?
Manage episode 436705947 series 68544
The euro may fall after hitting a one-year high against the U.S. dollar as market speculation turns away from the Fed and toward ECB rate cuts. tastylive's Head of Global Macro Ilya Spivak breaks down what's driving moves in the euro vs. U.S. dollar exchange rate and considers how that might send the common currency lower from its buoyant highs as soft Eurozone inflation data stokes bets on a big ECB rate cut next month.
1036 episodes
Manage episode 436705947 series 68544
The euro may fall after hitting a one-year high against the U.S. dollar as market speculation turns away from the Fed and toward ECB rate cuts. tastylive's Head of Global Macro Ilya Spivak breaks down what's driving moves in the euro vs. U.S. dollar exchange rate and considers how that might send the common currency lower from its buoyant highs as soft Eurozone inflation data stokes bets on a big ECB rate cut next month.
1036 episodes
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