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3232Fed Rate Decision Looms as Market Predicts 25bps Cut With 87% Probability
https://www.digit.info/fed-rate-decision-looms-as-market-predicts-25bps-cut-with-87-probability/
Thu, 12 Sep 2024 16:30:06 +0000https://www.digit.info/fed-rate-decision-looms-as-market-predicts-25bps-cut-with-87-probability/Read more]]>With just six days to go before the U.S. Federal Reserve’s Federal Open Market Committee (FOMC) meeting, the likelihood of a 25 basis points (bps) rate cut is growing stronger by the day. The possibility of a 50bps cut remains slim, though it still holds a 13% chance, as reported by CME’s Fedwatch tool. Market […]
]]>EUR Drops Below USD for the Second Time in 20 Years, Greenback’s Strength Leads to Largest Weekly Rise Since March 2020
https://www.digit.info/eur-drops-below-usd-for-the-second-time-in-20-years-greenbacks-strength-leads-to-largest-weekly-rise-since-march-2020/
Mon, 22 Aug 2022 17:30:15 +0000https://www.digit.info/2022/08/22/eur-drops-below-usd-for-the-second-time-in-20-years-greenbacks-strength-leads-to-largest-weekly-rise-since-march-2020/Read more]]>The U.S. dollar has been very strong compared to a myriad of fiat currencies worldwide and this week, the euro dropped below the USD for the second time in 20 years after meeting parity with the dollar in mid-July. The dollar’s recent brawniness has resulted in the largest weekly rise since March 2020, according to […]
With just six days to go before the U.S. Federal Reserve’s Federal Open Market Committee (FOMC) meeting, the likelihood of a 25 basis points (bps) rate cut is growing stronger by the day. The possibility of a 50bps cut remains slim, though it still holds a 13% chance, as reported by CME’s Fedwatch tool. Market […]
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The U.S. dollar has been very strong compared to a myriad of fiat currencies worldwide and this week, the euro dropped below the USD for the second time in 20 years after meeting parity with the dollar in mid-July. The dollar’s recent brawniness has resulted in the largest weekly rise since March 2020, according to […]