Macro 101: A MUFG analyst says that even if the Fed pauses rate hikes in October, it would only briefly ease external pressures and would be unlikely to reverse the rupiah’s depreciation trend.
A supportive macro backdrop usually gives risk assets some breathing room. But expectations are often priced in early, so don’t rush in at the last minute and end up holding the bag.
$BTC Current price: 81654.01.
A supportive macro backdrop usually gives risk assets some breathing room. But expectations are often priced in early, so don’t rush in at the last minute and end up holding the bag.
$BTC Current price: 81654.01.