Rate cuts coming up: European Central Bank and Bank of England in June, Fed in September
Central bank rate cuts forecast via Capital Economics
Source: forexlive.com
Fed September News Today : Breaking News, Live Updates & Top Stories | Vimarsana
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Top News In Fed September Today - Breaking & Trending Today
USD Momentum for Now Doesn't Look that Convincing
USD momentum for now doesn’t look that convincing. A break below the 1.045 short‐term low apparently isn’t that easy. Later this week the focus is on the Minutes of the Fed September meeting (Wednesday) and the US CPI release (Thursday; 0.3% M/M expected both for core and headline). Also keep an eye at the US Treasury selling 3‐,10‐ & 30‐y bonds as US yields are holding close to the cycle peak levels.
Source: actionforex.com
Fed September Meeting: Another Hawkish Pause Before A Pivot In 2024?
The gains in gasoline prices place the nation's central bank on alert for a resumption of inflation, making the September interest rate hike a hawkish rather than a dovish pause.
Source: ibtimes.com
Sunset Market Commentary - Action Forex
In the US, ADP private job growth slowed lightly more than expected to 177k. Last month’s impressive 324k growth was revised even higher to 371k, suggesting a still healthy US job market this summer.
Source: actionforex.com
Fed's Evans: We will need to raise rates further and hold them for awhile
Comments from the Chicago Fed President
Source: forexlive.com