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FX: When All Else Fails, Deleverage

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TODAY'S BIGGEST PERCENTAGE MOVERS

THE STORIES IN THE CURRENCY MARKET

EXPECTATIONS FOR UPCOMING FED MEETINGS

CURRENT US INTEREST RATE: 0.25%
11/02 Meeting 12/13 Meeting
NO CHANGE 68.3% 68.4%
CUT TO 0 BP 31.7% 31.6%
HIKE TO 50BP 0.0% 0.0%

FX: WHEN ALL ELSE FAILS, DELEVERAGE

When All Else Fails, Deleverage.

EUR: HIT BY RISK AVERSION AND WEAK DATA

GBP: EXTENDS LOSSES AGAINST USD

CAD: BIG DISAPPOINTMENT IN CONSUMER SPENDING

JPY: MORE JAWBONING FROM FIN MIN AZUMI AS YEN HITS NEW HIGHS

EUR/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 Nasdaq, Inc.


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

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