Mexico's Peso Strengthens as Traders Boost Bets on Fed Rate Cut

Story date: 2008-01-02 07:56:00
Added on: 2008-01-02 10:13:44

Bloomberg - Interest-rate futures show 94 percent odds that the Fed will reduce its benchmark lending rate by a quarter-percentage point to 4 percent at its next policy meeting on Jan 30. Futures showed a 68 percent probability a week ago. The yield ...


Read more...

Related Stories:

• Mexico's Bonds Surge to Six-Month High on Rate Cut Speculation

  Bloomberg - Interest-rate futures show traders see 72 percent odds that the Fed will cut borrowing costs by another half-percentage point to...
  2008-02-06 11:18:00

• Yen Trades Near Six-Week Low as Investors Seek Higher Yields

  Bloomberg - Interest-rate futures on the Chicago Board of Trade indicate 80 percent odds the Federal Reserve will reduce its benchmark rate...
  2007-12-24 02:01:00

• Mexico's Peso, Bonds Rise as Central Bank Holds Benchmark Rate

  Bloomberg - Interest-rate futures show 50 percent odds that Fed policy makers will cut their key rate by 0.75 percentage point to...
  2008-01-18 10:14:00

• Fed to Lower Rates Again Before January History Shows (Update1)

  Bloomberg - Interest-rate futures have an accuracy rate of less than 30 percent since 1994 in forecasting the fed funds target, an...
  2007-09-23 10:30:00

• Dollar Posts Biggest Decline Versus Euro Since 2006 on Housing

  Bloomberg - Interest-rate futures on the Chicago Board of Trade yesterday indicated 94 percent odds that the Fed will reduce its benchmark...
  2007-12-29 05:30:00

• Indian Stock Index Rises, Led By State Bank on Rate Cut Outlook

  Bloomberg - Interest-rate futures traded on the Chicago Board of Trade show an 88 percent chance the Fed will lower its target...
  2007-10-24 05:25:00

• Treasuries Gain as Carlyle Group Fails to Reach Lender Accord

  Bloomberg - Interest-rate futures show odds of 76 percent that the Fed will lower its target rate for overnight loans between banks...
  2008-03-13 02:52:00

• Dollar Falls Against Euro on Slowing Growth, Bhutto's Slaying

  Bloomberg - ... forecast reports on durable goods and U.S. employment and the assassination of Benazir Bhutto, Pakistan's former prime ......
  2007-12-27 07:49:00