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BoA says not landed scenario - Likes the USD and choppy FX markets likely to persist

BoA remarks via eFX. For bank trade ideas, check out eFX Plus. For a limited time, get a 7 day free trial, basic for $79 per month and premium at $109 per month. Get it here. "We believe G10 economies remain in a non-landing scenario. Manufacturing PMI has been weak, but services PMI is so strong, that the global composite PMI is pointing to expansion. Labor markets remain hot, particularly in the US, where the weather-adjusted NFP reached an extreme level in March. China is recovering fast du... Read More

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Content Topics

Says

Landed

Scenario

Likes

Choppy

Markets

Likely

Persist

Forex

Posted: Apr 23 2023, 22:26

Author Name: forexlive

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