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UK labour market data on the agenda in Europe today
The dollar roared back in trading yesterday, moving higher after having been pushed to the edge at the end of trading last week. Higher bond yields is also playing a role, as markets are turning less dovish on the Fed outlook. I maintain that the Fed funds futures curve remains a key one to watch, in gauging the Fed's appetite to stick to its higher for longer narrative.As you can see, higher rates are now being priced back towards the end of the year. There are now roughly two rate cuts priced...
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Posted: Apr 18 2023, 04:42
Author Name: forexlive
Views: 082023