Investors were provided with further insight into the Federal Reserve's decision to change the forward guidance language and indicate a patient approach to raising interest rates in the minutes of the central bank's January monetary policy meeting. more...
This Will Put A Floor Below The USD; Buy Dips - Credit Agricole Risk sentiment has been improving further in Asia with most stock market indices trading higher at the time of writing. Although yesterday’s FOMC minutes confirmed that many central bank members expect a lift-off later this year, investors’ rate expectations remain capped. This is due to both the minutes showing that officials discussed the impact of a stronger ...
British Pound Selling to Continue on Static BOE, Hawkish FOMC Minutes Fundamental Forecast for Pound: Bullish Status-Quo BOE Announcement to Amplify Slide in Rate Hike Outlook Hawkish FOMC Minutes to Help Undermine the Pound’s Yield Appeal One might have expected the British Pound to move confidently higher after the Scottish Independence referendum passed without disrupting the status quo considering the Bank of England ...
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