Analysts at TD Securities, (TD), explained that the June FOMC Minutes reinforced the Fed’s plans for a continued, gradual pace of rate hikes. Key Quotes: “Participants noted the “very strong” economy and generally supported hiking beyond the neutral rate this cycle.” “Yet many participants also expressed concerns about a slowdown in global growth and the fallout from trade policy disputes.” “The Minutes do not provide a short-term impulse for FX markets especially ahead of US payrolls, but the incremental increase of concern over trade policy and the global backdrop is notable.” “This lends credence to our view that CAD is poorly situated while the EUR may lack a directional impulse in the very near-term.” 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 USD/CAD Technical Analysis: Loonie patiently awaiting NFP on Friday FX Street 3 years Analysts at TD Securities, (TD), explained that the June FOMC Minutes reinforced the Fed's plans for a continued, gradual pace of rate hikes. Key Quotes: "Participants noted the "very strong" economy and generally supported hiking beyond the neutral rate this cycle." "Yet many participants also expressed concerns about a slowdown in global growth and the fallout from trade policy disputes." "The Minutes do not provide a short-term impulse for FX markets especially ahead of US payrolls, but the incremental increase of concern over trade policy and the global backdrop is notable." "This lends credence to our view that CAD is… Top 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.
