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Fed's Lockhart: Turmoil around U.S. elections could change outlook

Atlanta Fed's President Dennis Lockhart was on the wires, saying that there is a high bar for the Fed to not move in December. Also, he stated that a turmoil around  elections could change outlook.

Key headlines (via Reuters):

  • There is a high bar for the Fed to not move in December
  • If U.S. enters protectionist period it would add to inflationary pressure
  • Open to running economy hot to repair labor market if it is a "mild form" and does not risk undesired inflation
  • Says turmoil around election could change outlook

EUR/USD challenges highs near 1.1130

The now softer tone around the greenback is allowing EUR/USD to attempt another visit of the key resistance area in the 1.1120/30 band. EUR/USD now l
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GBP/USD climbs further to fresh 1-month highs

GBP/USD extended gains during the New York session, reaching its highest level since the “flash crash” episode in early October. GBP/USD has been o
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