XE Market Analysis: Central Banks Deploy Parachutes to Avoid a Hard Economic Landing

OVERVIEW RBNZ (-50 bps) and RBI (-35 bps) chopped their benchmark rates over growing external uncertainties. EUR/USD is oscillating around 1.12, bouncing from its lowest level in two years. WTI Crude oil price slips again, down 9.5% since the beginning of the month

Source: XE news feed
XE Market Analysis: Central Banks Deploy Parachutes to Avoid a Hard Economic Landing