USD: Trump-Xi, FOMC mins and payrolls can only mean volatility - ING

Sandeep Kanihama FXStreet Contributor

According to analysts at ING, ahead of the Trump-Xi meeting, markets will be looking to communication and US data for clues over Fed policy which will add to USD volatility.

Key Quotes

“Mar FOMC minutes (Wed) will give some insight into the likelihood of a June rate hike (around 50% priced in). Softer payrolls and wage growth outcome (Fri) may taper hawkish expectations.”

“EUR bulls faced a reality check last week; the ECB stuck to the dovish script and kept tight-lipped over QE taper talk. French election risks have subsided but may pick-up as we near the first round vote (23 Apr).”

Author

Sandeep Kanihama

FXStreet Contributor

Sandeep Kanihama is an FX Editor and Analyst with FXstreet having principally focus area on Asia and European markets with commodity, currency and equities coverage. He is stationed in the Indian capital city of Delhi.

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