Forex News Traders

[Ataglance2]

19:13 EUR/USD: Fed's Fisher Sees Low Growth, Not Negative Growth New York, February 7th. Fisher sees a couple of quarters of growth below 1%, but he does not foresee a traditional recession, two quarters of negative growth. He doesn't think the Fed is "behind the curve" and he feels that 3% rates are "where we should be" according to a swathe of headlines.
He did say that he thinks that inflation rates, and expectations for them are "too high" which could be taken as hawkish if he means that the market's expectations are too high and the Fed has to lower them. On the other hand if he means that the market's expectations for inflation are too high compared to Fed forecasts, that's a horse of a different colour, and the primary problem with news headlines.
EUR/USD trades at 1.4490 as US equities rally, and EUR/JPY surges.