US Chicago Fed head Evans with scheduled speech in London 15 Nov
- concerned by persistent factors curbing inflation
- US economy on solid footing
- sees big risk in not getting inflation to 2% before next recession
Ntg really new but enough to send USD lower again with USDJPY posting 112.83 and EURUSD 1.1830. USDCHF now giving in too and falling to 0.9855
GBPUSD struggling to take advantage though at 1.3177 as is AUDUSD at 0.7584. USDCAD failing to fall but USD weakness being tempered by yen and swiss franc demand on the crosses.
Evans had similar reservations that I posted yesterday here
