| Real-time Estimate TTMZero 20:09:43 05/07/2024 BST | 5-day change | 1st Jan Change | ||
| 0.6751 USD | +0.39% |
|
+1.28% | -0.87% |
| 03:28pm | Economics Watch: CIBC Sees the Fed Easing Rates Twice This Year, Starting In September | MT |
| 09:21am | IBEX 35 opens unchanged ahead of US jobs data and French elections | RE |
(Reporting by Ann Saphir; Editing by Mark Porter)
(Reuters) - Traders of futures that settle to the Federal Reserve's policy rate pared expectations for the U.S. central bank to start lowering short-term borrowing costs in March after Fed Governor Christopher Waller said he is more confident that inflation is on track to the Fed's 2% goal but that there should not be a rush to rates.
Traders are now pricing in about a 60% chance of a March start to rate cuts, down from about 73% seen before Waller spoke.
Price
|
Change
|
5d. change
|
Capi.
| ||
|---|---|---|---|---|---|
| 1.281 USD | +0.46% | +1.36% | - | ||
| 1.084 USD | +0.27% | +1.17% | - | ||
| 0.7337 USD | -0.10% | +0.42% | - | ||
| 0.6751 USD | +0.39% | +1.28% | - | ||
| 0.6145 USD | +0.53% | +0.90% | - | ||
| 0.012 USD | -0.01% | 0.00% | - | ||
