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👤Arthur Greene
🕔August 26, 2016
In a quite firm manner, Ms Janet Yellen today stated that, “In light of the continued solid performance of the labor market and our outlook for economic activity and inflation, I believe the case for an increase in the federal funds rate has strengthened in recent months,” The Fed Chair Ms.…
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👤Lisa Harris
🕔August 26, 2016
The currency market has shown major signs of inactivity recently as investor anticipation for Janet Yellen’s speech on Friday morning threatens to have a profound effect on the currency market, according to long time currency trader Boris Schlossberg of BK Asset Management.…
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👤Arthur Greene
🕔August 15, 2016
- Fed funds futures now pricing rate hike chance at 6%
- CME FedWatch Tool places rate hike chance at 45%
With the Feds slowly killing all hopes of a rates hike anytime soon, the dollar today fell against many major currencies, the dollar was also largely undermined by the recent soft US economic data that rattled the anticipation for an interest rate hike this year by the Federal Reserve Bank.…
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