EUR/USD could test 1.0500 at some point – SocGen
The FX market’s sensitivity to central bank policy continues to amaze Kit Juckes, Chief Global FX Strategist at Société Générale.
Source: fxstreet.com
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USD/MXN will be trading in the 16.50-17.00 area later this year – ING
Banxico meets to set interest rates today. The Mexican Peso (MXN) has been one of the very few currencies to appreciate against the dollar on a total return basis this year.
Source: fxstreet.com
USD/JPY to reach 136.00 by year-end – ANZ
Economists at ANZ Bank expect the USD/JPY exchange rate to trade at 136.00 by the end of 2024.
Source: fxstreet.com
Not so fast: Federal Reserve puts a pause on future rate cuts
Recent economic indicators and Federal Reserve statements have impacted market outlooks in the USA.
Source: fxstreet.com
US: Richmond Fed Barkin said the labour market remains vibrant
Richmond Fed Thomas Barkin spoke at the Economic Club of New York on Thursday: In aggregate, past rate hikes are still working their way into the economy.
Source: fxstreet.com