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  • Fed's Bowman: I expect ongoing increases in rate hikes at coming meetings, we still have a lot of work to do

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That's what Powell said yesterday... hence nothing new and no impact on the market should be felt.
Actually Powell said possibly at a lower rate of increase but probably extending to the end of next year if I recall correctly.
Neither very bearish for the USD!
Stubborn, often slow but still learning!
Quoting TheWolf
That's what Powell said yesterday... hence nothing new and no impact on the market should be felt.
That's the problem; people aren't listening. The equity market thinks this means pivot - it doesn't
...because you never know - until you do!
Quoting fxsport
{quote} That's the problem; people aren't listening. The equity market thinks this means pivot - it doesn't
If only people understood what the word pivot means..
Quoting TheWolf
{quote} If only people understood what the word pivot means..
Actually, who has used the word pivot? They need to define it. The FED is talking 75 bp increases going forward and is now moving towards smaller increases.
Stubborn, often slow but still learning!
Quoting dantpm
{quote} Actually, who has used the word pivot? They need to define it. The FED is talking 75 bp increases going forward and is now moving towards smaller increases.
Can't recall, but would say CNBC.. the usual suspects.
Quoting dantpm
{quote} Actually, who has used the word pivot? They need to define it. The FED is talking 75 bp increases going forward and is now moving towards smaller increases.
Don't be surprised if they hike another 75 basis points in Dec 14 just because this euphoric rally.
Quoting TheWolf
{quote} If only people understood what the word pivot means..
LOL..
Somebody here on FF once mentioned that there are "pivot specialists" out there.....
There could be a positioning for a big short. Should the BOE pursue a modest 0.25 increase (which was voiced in the last meeting) and the ECB follow in a similar vein, esp. with the ongoing turmoil in the UK and EU, I don't see the Fed capitulating yet and the USD is fundamentally sound, hence a strong potential for carnage.
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Quoting The Doji
There could be a positioning for a big short. Should the BOE pursue a modest 0.25 increase (which was voiced in the last meeting) and the ECB follow in a similar vein, esp. with the ongoing turmoil in the UK and EU, I don't see the Fed capitulating yet and the USD is fundamentally sound, hence a strong potential for carnage.
Maybe they will be needed in 9 months time, until then they will be doing nothing.
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