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US Treasury Sec. Mnuchin: No reason to be concerned about independence of Fed

Additional comments from U.S. Treasury Secretary Steven Mnuchin cross the wires with key quotes, via Reuters, found below.

  • Would not focus too much on first quarter growth.
  • Cain, Moore would do good job at Fed.
  • I trust Fed Chair Powell to 'get it right.'
  • There is no reason to be concerned about the independence of Federal Reserve.
  • Treasury yield curve compression shows market prediction that rates will fall.

USD/JPY rebounds toward 111.00 after FOMC minutes

The US dollar dropped modestly after the released of the FOMC minutes that had a limited impact on market. The document reinforced what the central ba
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EUR/USD: ECB did not provide arguments for a bigger slide - Danske Bank

Analysts at Danske Bank, expect the EUR/USD pair to stay close to 1.13 in 3M. They kept their forecast unchanged after today’s European Central Bank m
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