OctaFX | OctaFX Forex Broker
Open trading account

QE widely expected to finish - BBH

FXStreet (Barcelona) - Marc Chandler, Global Head of Currency Strategy at Brown Brothers Harriman explained that after some jitters around the middle of the month, market expectations have settled down, and the Fed is widely expected to announce the finish of QE.

Key Quotes:

"The part of the statement that was devoted to QE could largely be eliminated, and this will make for a shorter statement that may seem terse”.

“Given our understanding of the way the Fed operates, with key core centrists (Yellen, Fischer, and Dudley) driving policy, the statement is their organ, more so than the minutes or dot-plot."

“The peak in the Fed funds rate will likely be lower”.

USD/JPY testing the bulls wits below 108 handle

USD/JPY is trading at 107.62, down -0.50% on the day, having posted a daily high at 108.37 and low at 107.61.
Read more Previous

EUR/USD consolidating above 1.2700

The upbeat momentum around the EUR remains intact on Monday, lifting EUR/USD to the 1.2720 neighbourhood, or session highs....
Read more Next
Start livechat