FXStreet (Guatemala) – Analysts at UOB Group noted that the fairly hawkish comments by Fed speakers have rekindled hopes that the long awaited rate hike could still come in Q4.
Key quotes:
“St Louis Fed’s Bullard (non-voter) mentioned that October rate rise is still a possibility while Atlanta Fed’s Lockhart (voter) acknowledged that although he voted to keep rates unchanged last week, he thinks it is still likely to commence tightening by year-end.”
(Market News Provided by FXstreet)