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Monthly archive December, 2017

USD: Dec FOMC: Sticking To Our Call For 3 Hikes In 2018 With First Hike Likely In June – SEB

SEB Research discusses the reaction to today's FOMC decision.

"As expected, the Fed raised the target range for the federal funds rate by 25 bps to 1.25-1.50 per cent at the FOMC meeting that concluded today. Voting against the Read More →

Dollar nudges higher versus yen ahead of BOJ

The dollar extended a one-week high against the yen on Thursday, lifted by strong U.S. bond yields, but the rise was limited ahead of a Bank of Japan policy decision and a news conference by the BOJ governor.

USD/JPY Read More →

USD: Dec FOMC: Fed Hikes To Remain Gradual; Evans’ Dissent A Dovish Surprise – Barclays

Barclays Capital Research discusses the reaction to today's FOMC decision.

At its December meeting, the Federal Open Market Committee (FOMC) raised the target range for the federal funds rate by 25bp to 1.25-1.5%, a move that was in line Read More →

Sentiment subdued markets awaiting direction; Bitcoin tumbles

Major US equity indices slipped lower yesterday and the Asian counterparts failed to show any optimism as they also gravitated lower. On Tuesday House members voted in favour of the US tax bill but the procedure will have to be Read More →