While Mar rate hike has been priced in, 30D Fed fund futures are now suggesting that nearly

GBL: Eyes on Fed This Week

Global Markets Daily by Saktiandi Supaat

FX Research

While Mar rate hike has been priced in, 30D Fed fund futures are now suggesting that nearly 2 more rates hikes are being priced in for the rest of 2017. Focus on whether Fed revises its dots plot higher (which could give USD a boost if happens). Should this shift in markets’ expectation for a pick-up in momentum on Fed rate hike trajectory continues, we expect USD strength to be felt more on the Asians and commodity-linked currencies ...