SEB Bank analysts points out that the US Fed will present its first updated forecasts after its U-turn in Jan on Wednesday and will be a key event for markets this week. Key Quotes “We expect relatively small changes to its economic forecasts but “dot plots” to shift from two hikes in 2019 to unchanged rates.” “Given the dovish market pricing (5bps rate cut by end-19), this should have limited impact on markets and we see risks to US rates being biased somewhat on the upside.” “In light of our expectations of an improving outlook we stick to our forecast that the #Fed will deliver a final rate hike in June.” 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 Cryptocurrency market update: Hopes of recovery thwarted as Bitcoin, Ethereum and Ripple stay in the red FX Street 4 years SEB Bank analysts points out that the US Fed will present its first updated forecasts after its U-turn in Jan on Wednesday and will be a key event for markets this week. Key Quotes "We expect relatively small changes to its economic forecasts but "dot plots" to shift from two hikes in 2019 to unchanged rates." "Given the dovish market pricing (5bps rate cut by end-19), this should have limited impact on markets and we see risks to US rates being biased somewhat on the upside." "In light of our expectations of an improving outlook we stick to our forecast… 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.
