Rate cuts by year-end
Fed: 80 bps (76% probability of no change at the upcoming meeting) ECB: 64 bps (92% probability of rate cut at the upcoming meeting) BoE: 52 bps (66% probability of rate cut at the upcoming meeting) BoC: 55 bps (62% probability of no change at the upcoming meeting) RBA: 74 bps (83% probability of no change at the upcoming meeting)RBNZ: 66 bps (76% probability of rate cut at the upcoming meeting) SNB: 15 bps (74% probability of no change at the upcoming meeting)BoJ: 31 bps (77% probability of no change at the upcoming meeting)
The easing expectations increased for all the central banks although for the Fed it was more aggressive which also weighed on the US Dollar in the short-term.
This just shows how all the markets are interconnected and how the unveiling of the US tariffs plan on April 2 will be a global event.
This article was written by Giuseppe Dellamotta at www.forexlive.com.Hence then, the article about traders increase easing expectations for all central banks amid the global growth fears was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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