Dr. David Kelly discusses the economic impact of the ECB���s decision to use NIRP to boost the European economy.
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Learn more about J.P. Morgan���s views on fixed income, the economy and markets.
Our view over the past few quarters has been that EURUSD should be rangebound, as the cyclical outperformance of the US economy is offset by the eurozone���s relatively better balance of payments position.
The performance of the US dollar significantly diverged from relative rate spreads.
Market sentiment towards the Chinese currency has shifted significantly
David Kelly, the Fed, interest rates
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