Prediction Markets Favor a Fed Hold While CME Fedwatch Trails at 55.6%
Prediction markets and CME's Fedwatch tool are converging on a Federal Reserve hold in September, though none puts the odds...
Forex News
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Fed’s Warsh weighs cutting FOMC meetings to shrink central bank’s market role
Federal Reserve Chairman Kevin Warsh is reportedly weighing a cut to the number of scheduled FOMC meetings. Barclays analysts say...
RBA Set to Hold Rates as US Retail Sales, CPI Data Loom for AUD/USD
Money markets price a 99% probability the RBA holds its cash rate at 4.35% on Tuesday, even as the central...
Fed’s 9-3 split vote puts September rate decision in the hands of the August CPI report
The Federal Reserve held rates steady in July on a 9-3 vote, with three members pushing for an immediate hike....
Jamie Dimon warns US dollar could lose reserve-currency status within 25 years
JPMorgan Chase CEO Jamie Dimon says the United States could lose its status as the world's reserve currency within the...
