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Fidelity International, JPMorgan Chase & Co., and HSBC Holdings Plc. are going against consensus by warning of dollar strength, while Loomis Sayles & Co. says a global economic slowdown will see traders flock to the world’s reserve currency. ....
Fidelity, JPMorgan Buck Market by Betting Dollar to Rise in 2024 bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
For the first time since the end of 2020, more of the world’s 30 largest central banks are expected to cut rates in the next quarter than raise them. ....