The markets are discounting the chances at 99% for a -25 bp rate cut after today’s FOMC meeting. EUR/USD (^EURUSD) today is down by -0.02%. The euro today is little changed on some mixed Eurozone ...
The markets are discounting the chances at 6% for a -25 bp rate cut at the January 28-29 FOMC meeting. EUR/USD (^EURUSD) Wednesday fell by -1.20% and posted a -1/2 week low. The dollar’s surge to a ...
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The U.S. dollar rose after the Fed cut interest rates by 25 basis points, as markets had priced, while making hawkish changes to its economic forecasts.