USD: How Far Away Fed Is From Normalizing Policy

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TODAY'S BIGGEST PERCENTAGE MOVERS

EUR/JPY +144 pips +1.27%
CHF/JPY +37 pips +1.17%
AUD/JPY +97 pips +1.15%

THE STORIES IN THE CURRENCY MARKET

EXPECTATIONS FOR UPCOMING FED MEETINGS

CURRENT US INTEREST RATE: 0.25%
6/22 Meeting 8/09 Meeting
NO CHANGE 58.0% 52.6%
CUT TO 0BP 42.0% 47.4%
HIKE TO 50BP 0.0% 0.0%

USD: HOW FAR AWAY FED IS FROM NORMALIZING POLICY

RBA

EUR: SHRUGS OFF WEAKER INVESTOR CONFIDENCE

GBP: BOE MINUTES AND EMPLOYMENT REPORT ON TAP

AUD: LIFTED BY HAWKISH RBA MINUTES

JPY: PESSIMISTIC COMMENTS FROM BOJ

nd

GBP/USD: Currency in Play for Next 24 Hours



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , Forex and Currencies

Referenced Stocks: RBA

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