Thursday, 12 August 2021

Central Bank Watch: Fed Speeches, Interest Rate Expectations Update

After a strong July US nonfarm payrolls report and more hot inflation readings, Fed rate hike odds are creeping higher ahead of the August gathering in Jackson Hole.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...