(Bloomberg) -- Options markets are flagging the worst weekly retreat for the euro since July, as traders bet the European Central Bank will cut interest...
-- Options markets are flagging the worst weekly retreat for the euro since July, as traders bet the European Central Bank will cut interest rates next week.From Cleveland to Chicago, NFL Teams Dream of Domed Stadiums
Since the US payrolls data, hedge funds have rushed to add euro bearish exposure on over-the-counter trades this week, according to FX traders familiar with the transactions who asked not to be identified because they aren’t authorized to speak publicly. US inflation is expected to decelerate in September, but if it comes in line with estimates or stronger the latest momentum will likely be preserved. Fed minutes released Wednesday also showed there was a preference among some officials to cut rates at a more gradual pace.NOTE: Vassilis Karamanis is an FX and rates strategist who writes for Bloomberg.
Bloomberg Interest Rates Federal Reserve
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Traders Revive Chance of Half-Point Fed Cut With Just Days to Go(Bloomberg) -- Traders are entertaining the prospect of a large Federal Reserve interest-rate cut once again, spurring a rally in US government bonds and...
Read more »
Gold market analysis for September 13 - key intra-day price entry levels for active tradersThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Read more »
– Traders, watch out for this bullish cue on SOL’s charts!Friday’s market rebound saw varied interest from traders among Bitcoin [BTC], Ethereum [ETH], and Solana [SOL]. SOL trailed others in Open...
Read more »
Dollar weak as traders add to wagers of big rate cut from FedThe dollar softened on Friday, with the euro and the yen on the rise as investors remained on tenterhooks ahead of next week's central bank bonanza where the...
Read more »
Dollar weak as traders add to wagers of big rate cut from FedThe dollar softened on Friday, with the euro and the yen on the rise as investors remained on tenterhooks ahead of next week's central bank bonanza where the...
Read more »
Dollar weak as traders add to wagers of big rate cut from FedThe dollar softened on Friday, with the euro and the yen on the rise as investors remained on tenterhooks ahead of next week's central bank bonanza where the...
Read more »