FOMC Minutes: Further QT and probable larger rate hikes – UOB
Senior Economist at UOB Group Alvin Liew assesses the publication of the FOMC Minutes of
Financial and Business News
Senior Economist at UOB Group Alvin Liew assesses the publication of the FOMC Minutes of
USD/JPY is eyeing to reclaim a six-year high at 125.10 as investors await BOJ’s Kuroda speech.
AUD/USD is stuck in a sideways range at daily support. RBA FSR has been released,
Bank of Canada is expected to announce that it is ending its balance sheet reinvestment
USD/CAD was seen consolidating this week’s strong recovery move from the YTD low. An uptick
USD/JPY is creeping up again. Economists at ING expect the pair to climb towards the
Despite more hawkish central banks around the world, analysts at Wells Fargo still see the
GBP/USD is likely to slip to near 1.3050 on the hawkish stance from the Fed.
USD/JPY corrects from six-day highs amid weaker yields, risk-off mood. Daily RSI has entered the
EUR/USD is marching towards 1.0920 on optimism of monthly Retail Sales. The ECB minutes will