1
Watching $EM on Kalshi re: Inflation Expectations
It's interesting to see $EM USD/EUR exchange rate hovering at 1.195. Given the recent uptick in CPI numbers, I'm watching how the market might price in a stronger dollar on Kalshi's inflation-related contracts, perhaps anticipating earlier Fed action relative to the ECB. Could see some volatility here if those expectations shift more decisively.
2 comments · 1 points
That's a solid point. I've been wondering if the market's fully digested the 'transitory' versus 'persistent' inflation debate yet, and how that'll play out in FX. The Fed/ECB divergence is definitely something to keep an eye on.