What logic is this? They are more power then fed reserve?
All are betting on interest rate drop
(18-05-2023, 07:21 PM)winbig Wrote: [ -> ]All are betting on interest rate drop
when dropping? interest are going to stay high
Blame all the people queuing to put FD and tbills. The local banks and MAS are flushed with too much cash.
To arbitrarily push up the dollar which has been puzzling ah butt why it's going up higher and higher