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Mood sours as ECB pushes back on rate cuts; will Fed follow suit?

Euro skids even as ECB officials dampen early rate cut expectations. Dollar jumps on fears Fed’s Waller will take a similarly hawkish stance. Pound and aussie tumble on soft data. Oil and gold pulled in different directions in choppy trade.Risk Warning: Our services involve a significant risk and can result in the loss of your invested capital. *T&Cs apply.Please consider our Risk Disclosure: https://www.xm.com/goto/risk/enRisk warning is correct at the time of publication and may change....

Broadcast on:
16 Jan 2024

Euro skids even as ECB officials dampen early rate cut expectations. Dollar jumps on fears Fed’s Waller will take a similarly hawkish stance. Pound and aussie tumble on soft data. Oil and gold pulled in different directions in choppy trade.

Risk Warning: Our services involve a significant risk and can result in the loss of your invested capital. *T&Cs apply.

Please consider our Risk Disclosure: https://www.xm.com/goto/risk/en

Risk warning is correct at the time of publication and may change. Please check our Risk Disclosure for an up to date risk warning

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