- Expects inflation to moderate in France
- Expects French unemployment rate to go up to around 8% before falling back
He is speaking somewhat in his capacity as Bank of France governor here. And the remarks aren’t anything that stand out. As things stand, traders have fully priced in a rate cut for December. The odds of a 25 bps move are at ~68% with the remainder tied to a 50 bps rate cut.
This article was written by Justin Low at www.forexlive.com.
Recent Posts
Categories
Related Articles
Eurostoxx futures flat in early European trading
German DAX futures -0.1%UK FTSE futures -0.2%This comes with S&P 500 futures...
Another light calendar day beckons in Europe today
The US CPI report yesterday here provided some reason for a push...
Gold eyes fifth straight day of losses, closes in on key technical juncture
The pullback in gold continues to play out since the post-election period....
USD/JPY enters into the pocket of space, potentially freeing up more gains
The dollar continues to push higher in the post-election period and in...
Leave a comment