Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Jan 10 - 02:55 PM

USD: A 50bp Rate Hike February Would Send A Strong Message To The Market - Danske

By eFXdata  —  Jan 10 - 02:00 PM

Danske Research sees a scope for the Fed to deliver another 50bps hike at its February meeting. 

"FX and commodity markets looked somewhat inflationary to start the week. It might be the China reopening wipe or drop in US interest rates following a string of soft key figure releases last week (or a combination of both). We doubt it lasts," Danske notes. 

"Central banks, including Fed, stands ready to rid excess inflation. It also means there is a limit to how low the USD can go before it risks fuelling a second round of inflation. A 50bp rate hike February would send a strong message to the market in our view," Danske adds.

Danske Research/Market Commentary


  • eFXplus
  • End-user license agreement (EULA)


  • About
  • Contact Us


  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2023 eFXdata · All Rights Reserved