Fed Funds at 1.26% by end-2017 – WJ Survey

According to the latest WJ Survey, most economists see the Fed tightening at next week’s meeting, while they expect Fed Funds climbing to 1.26% by end of the next year.

In addition, the survey showed economists now expect faster rate hikes by the Federal Reserve.

USD/CHF rebounds sharply, surges past 1.0100 handle after ECB

Having dropped to a fresh weekly low near 1.0040 region, the USD/CHF pair reversed sharply and soared through 1.0100 handle to 3-day peak. Currently
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USD/CAD struggles around 1.3200

After dropping to fresh 2-month lows in sub-13200 levels, USD/CAD has retaken the 1.3200 handle is now looking to gather some traction. USD/CAD lower
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