''a cut in the seven-day reverse repo rate by 20 basis points to 1.5%.''

20BPS = 0.2%. That doesn't sound a lot. .. now we are seeing cuts of 20BPS, 50BPS proportions again. I'm wondering if we see a large economy get closer to zero percent, what will that do to the global confetti fx markets.

Is this the Dollar milkshake playing out?