Analysts at Nomura offered their review of the US data today that arrived upbeat and underpinned the notion for further rate hikes from the Fed this year. Initial nomura forex claims: Initial jobless claims increased marginally by 11k to 222k in the week ending 12 May, while the four-week average declined 3k to 213k. Nomura appeared first on Forex Crunch.
The operations provided by this site may become operations with high level of risk, and their execution can be very risky. The US dollar dropped last week after the FOMC made dovish sounds. Some reached a conclusion that the Fed under Powell will not raise rates anytime soon. Nevertheless, the team at Nomura still see three rate hikes next year and they have a few reasons.