Fed: An unlikely 50 bps hike would be very bullish for the Dollar – ING Fed DollarIndex Banks EURUSD InterestRate
“An unlikely 50 bps hike would be very bullish for the Dollar – and EUR/USD could well trade under big support at 1.05 on the news.”
“A pause could see the Dollar weaken a little – but it would be understandable after recent bank failures.”Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Dollar losses might start to emerge towards the back of the week – INGFinancial markets started the new week on a cautious note. Economists at ING expect the US Dollar to move downward by the end of the week. Yen to stay
Read more »
Fed coordinates with global banks to to ease dollar-funding as banking crisis intensifiesThe Federal Reserve and a quintet of global central banks on Sunday announced a coordinated effort to ease a fast-growing banking crisis, in the hours after...
Read more »
US Dollar Index: Joint central bank efforts tease DXY bulls below 103.00 ahead of FedUS Dollar Index: Joint central bank efforts tease DXY bulls below 103.00 ahead of Fed – by anilpanchal7 DollarIndex Fed RiskAversion YieldCurve Banks
Read more »
Fed, ECB and Others Take Coordinated Steps to Boost Dollar Liquidity; Bitcoin Tops $28K.federalreserve's decision to increase the frequency of the dollar swap lines from weekly to daily is aimed at avoiding a March 2020-like global dash for cash where investors sell everything, including BTC, for cash. reports godbole17.
Read more »
EUR/GBP set to rebound towards 0.88 – INGThe Pound seems to be holding up surprisingly better than other G10 peers. However, economists at ING expect the EUR/GBP pair to bounce back higher to
Read more »
EUR/USD bulls struggle above 1.0650 as yields propel US Dollar, ECB’s Lagarde, Fed in focusEUR/USD bulls struggle above 1.0650 as yields propel US Dollar, ECB’s Lagarde, Fed in focus – by anilpanchal7 EURUSD ECB Fed RiskAversion YieldCurve
Read more »