The Fed is going to continue cutting interest rates, which is one reason FXStreet analyst Joseph Trevisani is bullish on the US dollar versus the euro, he told viewers of Real Vision’s Trade Ideas.
Trevisani listed a number of pressures affecting economies around the world, including the US-China trade war, and Brexit.
In order to alleviate these pressures, Trevisani believes “we’ll get a 25 basis point [interest rate] cut in September, and I would say there’s a very good chance we’ll get another cut in December.”
Rate cuts would be bullish for the dollar because