21.08.2017 • 13:00 GMT
Global Monetary Policy Is Easing Again and Sentiment Will Suffer for It
John Kicklighter
• Markets don't wait for actual rate hikes and reductions in stimulus holdings to adjust their exchange rate and risk values
• A drop for the Dollar through 2017 and surge from the Euro clearly reflects the relative and forward-looking aspects
• Where collective policy seemed to be firming a month ago, it seems to be easing again; and risk appetite may suffer
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