So, US central bank has the best position to start the rate cut cycle vis-a-vis other economies, especially European Union, so that limits the extent to which dollar can fall. But, all said and done, we have interacted when dollar was what, 107, 108, even those days, imagine, now it is closer to 100, 101, 102, I mean that is a much better number.
Kaynes shares plunge 43% from October peak. Is a tactical rebound on the cards or more pain ahead?
Kaynes has plunged 43.5% from its October peak, with Friday’s 12.5% drop marking the steepest single-day decline. Momentum indicators remain bearish, signaling a risk of