Latest news with #dovish
Bloomberg
8 hours ago
- Business
- Bloomberg
Dollar Falls as Risk of Dovish Fed Offsets Boost From Oil Prices
The prospect of a dovish Federal Reserve meeting is competing with higher oil prices to push and pull dollar traders in diverging directions. That's leading the spot and options market to take opposing views on the greenback, a notable development after the currency's worst start to a year on record.
Bloomberg
a day ago
- Business
- Bloomberg
Traders Pile Into Bets That Next Fed Chair Will Slash US Rates
US rates traders have amassed a record futures bet that the Federal Reserve will take on a more dovish tilt right after Chair Jerome Powell's term ends in May 2026. The trade saw record volumes on Monday and swelled further Tuesday. The wager is that whomever President Donald Trump appoints to follow Powell will lead the central bank to cut interest rates almost immediately. The Fed's first scheduled meeting under the new chief would come in June 2026.
