Fx News

Fed: Uncertainty about median rate levels to support the dollar for now – Commerzbank

Gas station on downtrend stock market chart, Oil price crisis concept

The Fed price choice subsequent week will be the subsequent primary tournament for the FX market. In the opinion of economists at Commerzbank, uncertainty continues to gain the dollar.

Significant upward revision to the charge projections is inevitable
“A giant upward revision to the Fed central bankers’ charge projections subsequent week is inevitable – regardless of whether or not seventy five or one hundred bps occurs.”

“The primary uncertainty is whether or not the Fed then expects greater median fee stages than the market is presently pricing in (roughly 4.5%). This uncertainty is probable to guide the greenback for now.”

Information on these pages incorporates forward-looking statements that contain dangers and

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