The Potential For Fed To Tweak Interest Rates

It seems with large deficits the U.S. has to offer high interest rates compared to other countries, says Marc Chandler of Bannockburn. He thinks the Dollar (/DX) will have to bear the burden of the adjustment, as the Federal Reserve has no tolerance for higher interest rates. Marc and Ben discuss the Canadian Dollar (/6C) and the British Pound (/6B). Marc thinks gold (/GC) has run out of steam at the 1900 level with a potential for a pullback.

Futures

03 Jun 2021

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The Potential For Fed To Tweak Interest Rates

It seems with large deficits the U.S. has to offer high interest rates compared to other countries, says Marc Chandler of Bannockburn. He thinks the Dollar (/DX) will have to bear the burden of the adjustment, as the Federal Reserve has no tolerance for higher interest rates. Marc and Ben discuss the Canadian Dollar (/6C) and the British Pound (/6B). Marc thinks gold (/GC) has run out of steam at the 1900 level with a potential for a pullback.

Futures

03 Jun 2021