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If The Fed Disappoints: USD/JPY Into 100, AUD/USD Into 0.7650, EUR/USD Into 1.1250 – BNPP

We think the likelihood of a Fed rate hike remains considerably higher than market pricing (20%) and we remain broadly bullish on the USD ahead of the Wednesday meeting.

Our economists continue to forecast the Fed delivering a 25bp Read More →

USD eases and equity sentiment improves ahead of Fed and BoJ later this week

Its bound to be a volatile week as we head towards policy decisions of two of the world’s key central banks; the Fed and the BoJ are expected to make their latest policy communications throughout next Wednesday.

A prelimninary Read More →

USD Rally To Fizzle Out; The Transition To JPY Bearishness – Morgan Stanley

USD rally to fizzle out. The USD has rallied over the past three weeks, but US economic indicators have undershot market expectations for nine weeks. Our US economics team projects the US economy to slow down from its current 3.1% Read More →