Global FX Daily - Dollar falls on the possibility of a half-point Fed cut on Wednesday -BBVA Market Strategy

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2024/09/16

Global FX Daily – Dollar falls on the possibility of a half-point Fed cut on Wednesday

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- Eurozone industrial data show weak economic recovery
- Continued underwhelming Chinese macro data poses downside risks to the AUD
- Risk recovery lifts LatAm currencies into pivotal FOMC, BCB
- The MXN rallies as judiciary reform becomes law; local market closed on Monday
- Chile’s national holidays make it a short week for the CLP

Global FX Daily – Dollar falls on the possibility of a half-point Fed cut on Wednesday

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