Fed to hike rates by 2015Q4 - Rabobank

FXStreet (London) - Rabobank strategists feel that at this pace of tapering, QE3 will be terminated in 2014Q4. For now, they are sticking to their forecast of first hike in 2015Q4.

GBP/USD continues to seesaw following GDP miss

Following this mornings GDP miss, GBP/USD has traded choppily within an approximate 50 pip range.
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USD/CHF jumps to 5-day highs above 0.8825

The US Dollar is advancing against the Swiss Franc as the pair is joining its negative correlation with the EUR/USD and the unique currency weakness amid weak German CPI.
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