Stock-Option Pros Betting on Calm Fed Day Risk Being Underhedged
3 Articles
3 Articles
Stock-Option Pros Betting on Calm Fed Day Risk Being Underhedged
Wall Street traders are all but certain the Federal Reserve will cut interest rates by a quarter percentage point later today. They’re also fairly sure Chair Jerome Powell will signal further reductions aimed at supporting a saggy labor market.
Calm Before the Fed: Dollar Soft, Markets Brace for Guidance - Action Forex
Markets traded with a subdued tone today as investors awaited the Fed’s highly anticipated policy decision. The Fed is expected to cut rates by 25bps, but the real market mover will be the details: how divided the vote is, what the updated projections show, and the signals Chair Jerome Powell delivers in his press conference. […] The post Calm Before the Fed: Dollar Soft, Markets Brace for Guidance appeared first on Action Forex.
Ciudad Juárez, Chih.- The exchange rate yesterday touched a new minimum of the year, of 18.33 pesos per dollar in the Forex market, while continuing the tension for the next announcement of the Federal Reserve (Fed), which is expected tomorrow. On Monday, the peso began session with an appreciation of 0.22 percent, contributing in 18.40 per dollar. Gabriela Siller Pagaza, director of economic analysis of the Base Financial Group, said that this …
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