According to analysts at TD Securities, markets focus today will be on the FOMC March meeting and they anticipate that the dot plot to suggest one more hike (to neutral) this year, and potentially no additional hikes in 2020 based on recent comments from several Fed officials. Key Quotes “We also expect the median dots for 2020 and 2021 to no longer suggest hiking beyond a neutral range. We see this not as a consequence of a shift in the reaction function, but of the lower projected path for core inflation.” “More clarity about when runoff ends, and the size of the balance sheet at that time, should be forthcoming, if not in a separate statement then as part of Powell’s press conference. Look for a neutral market reaction, as outright rate cuts are priced for 2019.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next US Dollar Index looks to rebound from 96.40, FOMC eyed FX Street 4 years According to analysts at TD Securities, markets focus today will be on the FOMC March meeting and they anticipate that the dot plot to suggest one more hike (to neutral) this year, and potentially no additional hikes in 2020 based on recent comments from several Fed officials. Key Quotes "We also expect the median dots for 2020 and 2021 to no longer suggest hiking beyond a neutral range. We see this not as a consequence of a shift in the reaction function, but of the lower projected path for core inflation." "More clarity about when runoff ends, and the size… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
