Fed predictability

The Fed and the ECB remain predictable

Fed and ECB: Sticking to gradualism and predictability

Both the Fed and the ECB remained gradual and predictable  in their last week meetings as far as monetary policy is concerned. In opinion of Julius Baer, this prevented EUR/USD from taking a specific direction, “but monetary policy in the US and the eurozone are still diverging and justify a slightly stronger US dollar in the next month.”