CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the High risk of losing your money.

Fed as dovish it could be without cutting rates already – Danske Bank

2019-06-20 13:15

Danske Bank analysts point out that with the moderating US growth, inflation expectations have fallen and uncertainties have increased, the Fed now says it "will act as appropriate to sustain the expansion".

Key Quotes

“We stick to our view that the Fed will cut rates in July by 25bp and deliver a total of 75bp of rate cuts in the second half of 2019 (July, September and December). The trade war is an important risk to our outlook in both directions.”

“After two days of dovish central banks, we still see a strong case for a higher EUR/USD and lower USD/JPY as the Fed is set to ease more than other central banks.”

This article is published only for general use basic informatory purposes and should not be considered or depended on as a financial or investment advice. Investors should make sure that they understand the risks and seek independent financial advice at all times. CFDS ARE COMPLEX INSTRUMENTS AND COME WITH A HIGH RISK OF LOSING MONEY RAPIDLY DUE TO LEVERAGE.

Economic news

    Exchange Rates

    GBPUSD +1.75% 1.31651
    EURUSD +0.41% 1.18687
    XAUUSD +0.77% 1924.75
    XTIUSD -2.87% 40.165
    NAS100 +0.30% 11738
    US30 +0.01% 28342.8