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Fitch expects Fed to hike 4 times before end-2016

FXStreet (Mumbai) - The ratings agency Fitch, in its latest overview, expects the Federal Reserve to hike rates four times before end-2016.

Key Quotes

US Fed likely to proceed with caution after its first hike predicted for later this month

China's growth to weaken further in Q4 2015 and 2016

Among BRICS, only India is performing as per forecasts

AUD/USD testing support at 200-hour SMA

Currencies linked to commodities are on the defensive on Monday, with the Australian dollar among the worst performers against a generally steady greenback as investors continue to digest Friday’s jobs report.
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USD/CAD in fresh cycle highs near 1.3470

The greenback keeps pushing higher vs. its Canadian peer today, now lifting USD/CAD to fresh cycle tops near 1.3470...
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