EUR / USD has declined substantially approaching 15 February low, due to the imminent Fed rate hikes. Now the pair is trading at $ 1.0536, down 0.71%. The nearest support - $ 1.0521

Market news

21 February 2017

EUR / USD has declined substantially approaching 15 February low, due to the imminent Fed rate hikes. Now the pair is trading at $ 1.0536, down 0.71%. The nearest support - $ 1.0521

Federal Reserve Bank of Philadelphia Governor Harker he signaled that at the March meeting, the central bank seems to support the rate increase, if there are additional signs that inflation is gaining momentum. According to the futures market, the likelihood of a Fed hike at the March meeting is 17,7% compared to 22,1% a day earlier.

Bank of England's Carney says for the last few years there has been some discomfort among mpc members that equilibrium unemployment rate estimate was too high - Inflation report hearings

IMF's Lipton says the decisive question is whether the U.S. pursues traditional multi-lateral paths to solve problems or opts for bilateral approach

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