The Fed’s rate hike was no surprise, considering that futures prices had pegged odds at 100%. What might have surprised some was removal of “accommodative” language from the Fed’s statement. However, the strong economy arguably makes that support unnecessary. more...
US Dollar Forecast: Politics to Overshadow Yellen Speech, FOMC Minutes The US Dollar is likely to remain at the mercy of politics-driven volatility as inflationary fiscal stimulus prospects remain the central object of speculation. Australian Dollar Forecast:Australian Dollar Likely Stuck, But Watch For RBA Speakers The Australian Dollar is caught between some reasonably perky domestic economic data and a central bank in no ...
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