Forex
globalreutersMay 24, 20241 Mins read
Goldman Sachs now expects the Fed to start cutting rates in September instead
globalreutersMay 24, 20241 Mins read That’s a bit of a late revision as markets have ruled out both June and July for quite some time now. As of today, the odds of a September move are priced at a ~58% probability with just ~36 bps of rate cuts for the year.
This article was written by Justin Low at www.forexlive.com.
Related Articles
USDCAD breaks below a cluster of technical levels
The USDCAD is moving lower and in the process has broken below...
NASDAQ index now down over 1% on the day. Russell 2000 maintains its gains
There is a shift out of the different major indices today. The...
US leading Index for October -0.4% vs -0.3% estimate
Prior month -0.3% revised from -0.5%Leading index -0.4% vs -0.3% estimate. One...
US existing home sales for October 3.96M versus 3.93M
Prior month 3.84M annualized rate revised to 3.83MExisting home sales percentage change...
Leave a comment