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 ...
Aussie again underperformed the G10 in the wake of the Fed lifting its rate outlook, while still easing 25bp as expected. Risk appetite deteriorated sharply following news of a more “cautious” ...