News Formal

Euro Higher Despite Market Worries of More Gradualist Fed

  • 📰 DailyFX
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

The US central bank was expected to cut rates this month at the start of the year. Now the markets are sure it won’t.

This is always a showstopper of course, and this month’s call promises plenty of interest even though it’s all but impossible that interest rates will be going anywhere. This is quite some change from the start of this year. March was thought of as very possibly the month in which Chair Jerome Powell and his colleagues would fire the starting gun on an easing cycle by cutting rates at last.

ECB Policymaker Pablo Hernandez de Cos said in an interview published on Sunday that the bank could be in a position to cut rates in June, which is when the Fed is also thought most likely to start the process. Despite some near-term volatility, the Euro remains well within an overall uptrend from last October. Indeed, that won’t be threatened until the 1.074 region, well below the current market.

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 305. in SE
 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

SHIB's 106% Move Higher Led CoinDesk 20 Gainers Last Week: CoinDesk Indices Market UpdateTracy Stephens is a Senior Index Manager at CoinDesk Indices.
Källa: CoinDesk - 🏆 291. / 63 Läs mer »

Stock market today: World shares are mostly higher ahead of a US report on inflationShares are mostly higher in Europe and Asia ahead of a report on inflation in the U.S. that could sway the Federal Reserve's timing on cutting interest rates.
Källa: wjxt4 - 🏆 246. / 63 Läs mer »

Stock market today: World stocks higher ahead of US and Japan rate decisionsAsian stocks have advanced and European markets started the day with gains ahead of policy decisions this week by Japan’s central bank and the Federal Reserve.
Källa: wjxt4 - 🏆 246. / 63 Läs mer »

Stock market today: World stocks higher ahead of US and Japan rate decisionsAsian stocks have advanced and European markets started the day with gains ahead of policy decisions this week by Japan’s central bank and the Federal Reserve.
Källa: ksatnews - 🏆 442. / 53 Läs mer »