FXStreet (Guatemala) – Analysts at Bank of Tokyo Mitsubishi explained the significance of the Fed moving in December.
Key Quotes:
“One significance of the Fed finally moving, possibly in December, will be that only after the first move are market participants likely to start questioning the current market pricing for rate increases in 2016 and 2017.”
“The Fed is already assuming an ultra-cautious tightening cycle and we think there is a high risk of a notable upward shift in the short- end of the US yield curve once the Fed finally moves which is set to provide the dollar with further support.”
(Market News Provided by FXstreet)