EUR/USD: A narrow 1.0700-1.0760 range may again be on hand today – ING
EUR/USD registered small gains on Wednesday. Economists at ING analyze the pair’s outlook.
Source: fxstreet.com
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The Fed Is between a rock and a hard place
It needs to cut interest rates because this debt-riddled economy simply can’t function in a high-rate environment.
Source: fxstreet.com
USD/CAD to drop towards 1.2800 by year-end – Scotiabank
The Canadian Dollar (CAD) has eased back somewhat in the early part of the new year after rallying significantly into the end of 2023.
Source: fxstreet.com
USD rebound could extend further over the short term – MUFG
The US Dollar Index (DXY) set new year-to-date highs after the shock increase in the US Consumer Price Index (CPI) in January.
Source: fxstreet.com
Fed's Barr: Fed confident inflation is on the way to 2% target, supports Fed chair Powell's approach
Federal Reserve (Fed) Vice Chair for Supervision Michael Barr hit newswires late Wednesday, declaring that the Fed and its core Federal Open Market Committee (FOMC) remain confident that US inflation is on the way to hitting the Fed's 2% target.
Source: fxstreet.com