Lockhart coming in hawkish too
|By FXStreet FXStreet (Guatemala) – Voting member Dennis Lockhart , President of the Atlanta Fed is backing a Dec rate hike as well this week and markets are getting behind the greenback on interest rate divergences across the board.
His key comments were:
Inflation well anchored.
Fed lift off appropriate soon by gradual.
Still a close call and data dependent but case for a hike should strengthen between now and Dec.
USD/JPY is performing best post comments
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Source:: FX Street