-
US Dollar Price Action Setups into FOMC: EUR/USD, GBP/USD, USD/CAD
Next week brings the FOMC rate decision for the month of March and there’s been some considerable commotion of late around macro-prudential risks. Rate expectations have been all over the place in response, and at this point there’s heavy expectation for another 25-basis point hike from the FOMC next Wednesday. There’s also some expectation for another 25-basis point hike at the bank’s next meeting in May (approximately 30%, as of this writing); but later in the year the outlook gets far more opaque. Going out to December of this year there is currently a 5.9% probability that rates are at the current level ... (full story)
- Comments
- Subscribe
-
- Older Stories
-
From raymondjames.com|Mar 17, 2023Monetary policy, ever difficult to conduct, became even more difficult over the last week as one of the most difficult processes in banking came to fruition for one bank and ...
-
From bnnbloomberg.ca|Mar 17, 2023US short-term inflation expectations fell in early March to the lowest level in nearly two years and long-run views also eased, but consumer sentiment still fell due to ...
-
From blackrock.com|Mar 17, 2023The market gyrations of the past week are not rooted in a banking crisis, in our view, but rather are evidence of financial cracks resulting from the fastest interest rate hike ...
-
- Newer Stories
-
From think.ing.com|Mar 17, 2023|6 commentsWhile the most prudent course of action may be to pause and digest the fallout from regional banking woes, the Federal Reserve is focused on inflation and will look to hike 25bp ...
-
From bnnbloomberg.ca|Mar 17, 2023|2 commentsA merger of UBS Group AG with Credit Suisse Group AG is “plan A” for Swiss regulators seeking to shore up confidence in the nation’s banking system, the Financial Times reported. ...
-
From bnnbloomberg.ca|Mar 17, 2023US regulators are considering retaining securities owned by Signature Bank and Silicon Valley Bank that sank in value as interest rates rose, eliminating one obstacle to a ...
- Story Stats
- Posted: Mar 17, 2023 4:00pm
- Submitted by:Category: Technical AnalysisComments: 0 / Views: 2,106
- Linked events:
- 2 traders viewing now
