FXStreet (Guatemala) – Voting member Dennis Lockhart , President of the Atlanta Fed is backing a Dec rate hike as well this week and markets are getting behind the greenback on interest rate divergences across the board.
His key comments were:
Inflation well anchored.
Fed lift off appropriate soon by gradual.
Still a close call and data dependent but case for a hike should strengthen between now and Dec.
USD/JPY is performing best post comments
(Market News Provided by FXstreet)