Fed Watch: Frontloading rate cuts | Forex Factory

  • Fed Watch: Frontloading rate cuts

    From e-markets.nordea.com

    Given recent weak macro data, rising uncertainty and reprising of Fed, we now expect rate cuts in October and December. We still see a total of four cuts in this easing cycle, with risk tilted towards more cuts. The US economy is set to slow further. At the September meeting, the FOMC was deeply divided. Three members dissented and the dot plot showed no clear path forward, suggesting that the Fed might take a wait-and-see approach in October. Fed chair Powell’s main message from the press conference was, however, also that “they make decisions meetings by meetings”. In other words, the fate of the October ... (full story)

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auricforecas
Oct 7, 2019 2:10pm
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As some of you know, I was predicting no to slim rate cuts through the summer.. and it happened that way...
EURUSD dropping in response... But now I think more and more that we might actually see the cuts and the end of OCT... So I must say that I tend to agree atm... with the article, when they say "Our conclusion, when looking at those parameters, is that the Fed will cut rates in both October and December."...

this is base... eurusd for many markets.. if not all... So once this will be set, all other markets will have to be re-adjusted... GOLD, WTI.... in my case.. But till then.. I would stick to current trend/trajectory
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