Next 24 hours: Euro Offered, Other Markets Consolidate
Today’s report: Fed Ramps Up Dovish Speak, Hints at Scaling Back
There has been a clear uptick in dovish speak over the past several days and it would be hard to ignore the more reserved, seemingly coordinated message from Fed officials, strongly hinting at the prospect for a scaling back of the Fed rate hike timeline. EU Summit, ECB Minutes and US initial jobless claims in focus. read report