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Evans Calls For Keeping Rates Until Early 2016

Evans Calls For Keeping Rates Until Early 2016
Charles Evans, Federal Reserve Bank of Chicago President, reiterated his view that the US central bank should keep interest rates on hold until early 2016 and hike them gradually thereafter. Yet, Evans, a voting member of the policy-setting Federal …
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New Zealand Dollar Slumps as Interest Rate Expectations Deteriorate
The New Zealand Dollar underperformed in overnight trade amid deteriorating RBNZ policy expectations. Priced-in bets reveal investors are leaning toward two 25 basis point rate cuts over the coming 12 months, making for the most dovish outlook since …
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UK Data Helps GBP Performance
The Pound exchange rate performed well again yesterday as markets reacted to some better-than-expected UK industrial output data. Beating estimates of 0.1%, the yearly industrial production figure for March came in at a six-month high of 0.7% thanks to …
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Forex technical analysis: What will the FOMC do to the dollars run this week?
Yesterday, the USD was also the strongest currency as traders discount the bad from the past and focus on the future. Tomorrow (2 PM ET), the FOMC will release their meeting minutes. The meeting took place on April 29th. The decision was to keep rates …
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