High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not

ECBs Holzmann is speaking and says: Warnings of undershooting 2% are not warranted Policy need to say restrictive amid price risks. In December, a cut is most likely outcome but is not certain. There have been recent comments suggesting fears that inflation might be lower than expectations and move below the 2% target. Holzmann fights

Labour market is now in balance, not providing upward pressure on inflation Wants to see inflation coming down to 2% and staying around that level amid solid labour market Don’t see any signs of a recession in the data It is pretty clear that monetary policy is restrictive today That is why it is “very

Reuters published its Fed survey overnight. In summary from the report: December Rate Cut Likely: Nearly 90% of economists (94 out of 106) expect a 25bps cut in December, bringing the fed funds rate to 4.25%-4.50%. Market pricing shows less than a 60% chance of a December cut, reflecting uncertainty. 2025 Rate Cuts to be

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not

Cook and Collins look likely to be the most pertinent for traders: Times below are in GMT_US Eastern time format: 1500_ 000 Federal Reserve Vice Chair for Supervision Michael Barr testifies on oversight of prudential regulators before the Housee Financial Services Committee 1600_1100 Federal Reserve Board Governor Lisa Cook speaks on the economic outlook and

Federal Reserve Vice Chair for Supervision Michael Barr delivering prepared testimony. Doesn’t comment on the economy or monetary policy. As a Federal Reserve Governor Barr has a vote on the Federal Open Market Committee (FOMC). This article was written by Eamonn Sheridan at www.forexlive.com. Source link

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not

Weak yen pushes up costs and have big negative impact on consumption But it is a positive for exports and inbound tourism Does not think there is a huge build up of yen carry positions compared to July Seeing progress in sustainably achieving price target Keeping rates low for too long could accelerate inflation and

Economy is in a very good place right now No preset path for monetary policy Won’t take a December easing off the table What’s really elevated is shelter inflation, I’m not seeing evidence of new price pressures I think it’s important to stay the course Doesn’t see a big urgency to lower rates but wants

This is a lower-tier indicator but something the Bank of Canada is watching. Despite rate cuts, lending conditions worsened in Q3. They may also be concerned that rising yields could further impair lending in Q4. A problem for Canada (and many other countries) is that the Federal Reserve and US Treasury market does a big

Mon: G20 (Brazil) Tue: NBH Policy Announcement; RBA Minutes (Nov); EZ Indicator of Negotiated Wage Rates (Q3), EZ HICP (Final), US Building Permits/Housing Starts (Oct), Canadian CPI (Oct) Wed: UK CPI (Oct), German PPI (Oct) Thu: CBRT & SARB Policy Announcements; UK PSNB (Oct), US Initial Jobless Claims (w/e 16th Nov), Philadelphia Fed (Nov), Existing

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not

Everything is always on the policy table Asked about a Dec cut, said he doesn’t like to tie his hands before data We are going to be looking at rate cuts along the lines of the Sept Fed projections Recent inflation has been higher than target, if that’s extended then it’s too high Not a

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not

There is more data that we will see between now and December Have to continue to weigh what makes sense Fed could eventually slow down pace of rate cuts but too soon to say if it will be in December Fed policy is restrictive Don’t see evidence of new price pressures Full transcript (may be

The PBOC is expected to set the Yuan the point at 7.2482 per USD according to Reuter esimate. Yesterday they set the reference rates at 7.1966 This article was written by Greg Michalowski at www.forexlive.com. Source link

The Fed does have obligations to explain itself to public and congress Inflation is a social phenomenon, if they believe it will go up, it probably will We will be careful about changing policy until we have a lot more certainty We have time to make assessments on net effects of policy changes before we

Disinflationary process is well on track Inflation had turned out lower than expected in September Upside risks to inflation are also now seen as lower Inflation would probably reach 2% target somewhat earlier But still too early to declare victory in the fight against inflation A few members initially expressed a view that they would

Times below are GBT / US Eastern time: 1400 / 0900 Federal Reserve Bank of Richmond President Thomas Barkin speaks on the economy in fireside chat before the Real Estate Roundtable 1500 / 1000 Federal Reserve Board Governor Adriana Kugler speaks on “Central Bank Independence and Economic Outlook” before the Latin American and Caribbean Economic

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not

An ‘activist’ approach means to cut less until it is clear inflation persistence has been purged I would be ready to cut rates in bigger steps when inflation risks have gone As mentioned, she’s arguably the most hawkish member on the policy committee. So, these comments need to be taken with that in consideration. Her

We had Fed speakers on Tuesday US time, Kashkari watered down the prospect of a December rate cut … didn;t rule it out but he sounds shaky: Fed’s Kashkari: The fundamentals seems strong and I’m optimistic that will continue Fed’s Barkin: Fed in position to respond appropriately regardless of how economy evolves Fed’s Waller: Makes

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not

It is just a question of how far and how fast Rate cut last week does not mean that the job is done Labour market data today show pay growth still at high levels There is still some work to be done on underlying domestic inflation pressures All that being said, Pill argues that there

Heads up for a barrage of Fed speakers due Tuesday 12 November 2024: 10:00 AM ET / 1500 GMT &]:mt-2 list-disc space-y-2 pl-8″ depth=”0″> Fed’s Waller (Governor, Voter) speech (the topic is ‘payments’) 10:15 AM ET / 1515 GMT &]:mt-2 list-disc space-y-2 pl-8″ depth=”0″> Fed’s Barkin (Richmond Fed President, non-voter) speech 2:00 PM ET /