High-beta currencies gain as ceasefire calms markets

think.ing.com

High-beta currencies are outperforming the dollar following a ceasefire announcement, suggesting a potential return to lower volatility conditions. This trend is supported by investor preference for carry and emerging market currencies, though uncertainty remains due to potential ceasefire violations. Federal Reserve minutes indicated a hawkish stance, but the market anticipates potential dollar weakness if job losses outpace inflation.


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High-beta currencies gain as ceasefire calms markets | News Minimalist