Fed: A bias for the End of the year - BNP

FXStreet (Guatemala) - Analysts at BNP Paribas explained that the latest FOMC meeting was applauded by financial markets.

Key Quotes:

"With bond yields moving downwards, and more crucially, the dollar’s appreciation coming to an end."

"It was unclear if the flashing-dovish message was intentional. The minutes, released this week, point to a not-that-dovish mood among policymakers."

"Still, the message is not hawkish either. Reaffirmed data-dependency and the latest weak labour market report still call for end-year lift-off."