Thursday, January 19, 2017

Primed For A Hike?





Primed For A Hike?
by Saktiandi Supaat


FX Research





“It is fair to say that the economy is near maximum employment and inflation is moving toward our goal”. These words from Fed Chair Yellen and a few others like “a few hikes this year” spurred a modest recovery in the DXY index. Treasuries plunged in tandem with 10yr last seen around 2.42%, up from 2.32%. The move in USD and rates were sharp and we expect more to come. Yellen speaks again on Friday at 9am (SGT). For all we know, a February hike could be firm...

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