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Sep 16 - 09:55 AM

USD: Leaning Dovish With EUR/USD Upside Into Today's FOMC - Citi

By eFXdata  —  Sep 16 - 08:31 AM

Citi discusses its expectations for today's FOMC policy meeting.

"Our expectations are slightly more dovish than our understanding of the analyst consensus. We therefore have a dovish (EURUSD upside) lean into the Meeting, but given that the changes we expect do not translate into major changes of near-term policy, we expect limited follow-through in the market response to the Meeting.

Should the Fed avoid any material changes to the guidance, it would suggest lack of agreement at this point and point to changes into December," Citi notes. 

Citi Research/Market Commentary


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