OctaFX | OctaFX Forex Broker
Open trading account

Fed’s new dot plan shows fund projection southwards bound – BBH

FXStreet (Delhi) – Research Team at BBH, note that it's worth reviewing the Fed's new "Dot Plot" from this meeting which shows that the fund rate projection are falling.

Key Quotes

“Median projection for 2015 Fed Funds fell to 0.375% from 0.625% in both June and March, suggesting only one hike this year instead of two. Median projection for 2016 fell to 1.375% from 1.625% in June and 1.875% in March.”

“Median projection for 2017 fell to 2.625% from 2.875% in June and 3.125% in March. Over the long run, the median projection fell to 3.5% from 3.75% in both June and March.”

Eurozone: Risks to PMI on the downside - TDS

Research Team at TDS, suggest that the forthcoming Eurozone PMI data are likely to fall in consensus with the estimates but the risks are clearly tilted towards the downside.
Read more Previous

EUR/USD holds onto 1.1400

Following a sharp rally triggered by Fed’s inaction, EUR/USD stalled at the 1.1460 area and surrendered some gains over the last hours.
Read more Next
Start livechat