Fed: A 50-bps March rate hike on the cards, USD upside appears limited – Nomura

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Fed: A 50-bps March rate hike on the cards, USD upside appears limited – Nomura
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Fed: A 50-bps March rate hike on the cards, USD upside appears limited – Nomura Fed CentralBanks InterestRate DollarIndex Banks

at its March FOMC meeting, and 47bp is already priced in with nearly seven hikes overall for this year alone."

You could also argue that 54bp for this year is too much for the ECB's pricing too. But the key difference is that EGB yields are finally turning positive and this is a regime change for EUR flows and with it could see EUR climb higher."FOMC Minutes Preview: Dollar selling opportunity? Doves set for a comeback after hawkish meeting

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