Fed meet to have little market impact - Danske Bank

FXStreet (London) - Danske Bank are expecting very little market impact from the Fed meeting.

If anything they feel that it may be slightly positive for the USD and support upward pressure on yields as the market is reminded of the recent improvement in the economy. They add, "But ISM on Thursday and the employment report on Friday will be much more important in setting the direction in the short term. We see upside risk to both numbers on the back of the recent improvement in jobless claims, retail sales and some regional surveys."

Latin America EM Express: Poll shows that support for Brazil's president is waning ahead of elections

A poll released on Tuesday by MDA showed that the support of Brazilian voters for president Dilma Rousseff has fallen to 37% from 43.7% seen in February. The deterioration of confidence was mainly caused by the discontent with Rouseff administration's economic policy, which resulted in stagnation of activity, and her alleged involvement in the Petrobras corruption scandal.
Leer más Previous

GBP/USD firmer, eyes 2014 highs

The sterling is trading on a firmer tone on Tuesday, lifting the GBP/USD near 1.6850, at shouting distance from 2014 highs at 1.6857 (Monday)...
Leer más Next