FX Daily: What to expect from“Super Thursday”
- Date: 16-Dec-2021
- Source: MENAFN
- Sector:Financial Markets
- Country:Gulf
FX Daily: What to expect from“Super Thursday”
(MENAFN- ING)
The Fed turned more hawkish in its Dot Plot projections yesterday, and we see the post-FOMC negative dollar reaction as short-lived. Today, we expect the EUR to weaken as the ECB may announce a new flexible purchase programme, the pound to face only limited downside as the BoE holds rates, and NOK to rally on a Norges Bank hike.
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