The markets are discounting the chances for a -25 bp rate cut at 15% for the June 11-12 FOMC meeting and 47% for the following meeting on July 30-31. Overseas stock markets today are mixed. The Euro ...
The ECB has all but promised a rate cut on June 6, provided incoming data strengthen policymakers' belief that inflation will ...
Following the jobs data, the dollar lost more ground, and the yen fell 0.43% to 153.62 per dollar in early trading on Monday.
The dollar was broadly steady on Monday as a soft US jobs report boosted wagers that the Federal Reserve may still cut rates ...