According to Danske Bank analysts, in the US, we had mixed signals from voting FOMC members ahead of the crucial Fed meeting 17-18 September. Key Quotes “While Bullard said the Fed should cut rates by 50bp, Rosengren (who dissented the first cut in July) said that the Fed should not ease more here and now although more easing could be necessary if the risks become more pronounced. Rosengren’s hawkish comment came even after the very weak ISM print indicating a much more severe manufacturing recession than expected.” “US equity markets fell on the back of the numbers and Asian stocks are mixed this morning. We think the Fed is going to continue cutting by 25bp at each meeting without pre-committing to more easing unless we see a more severe impact on the US labour market.” 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 Bitcoin price prediction: BTC/USD takes a breather as it eyes levels above $11,000 – Confluence Detector FX Street 4 years According to Danske Bank analysts, in the US, we had mixed signals from voting FOMC members ahead of the crucial Fed meeting 17-18 September. Key Quotes "While Bullard said the Fed should cut rates by 50bp, Rosengren (who dissented the first cut in July) said that the Fed should not ease more here and now although more easing could be necessary if the risks become more pronounced. Rosengren's hawkish comment came even after the very weak ISM print indicating a much more severe manufacturing recession than expected." "US equity markets fell on the back of the numbers and Asian stocks… 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.
