As a severe juxtaposition to this past week where event risk was extraordinarily light with modest improvement in critical themes allowing for some sentiment rebound, the week ahead is loaded with critical events with expected volatility readings plunging dangerous levels of complacency. When markets are prepared for sudden changes in the weather, the impact can be even more extreme.
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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference
The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...
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Fundamentals can seem overwhelming, but identifying and isolating the key driver behind a currnecy or capital can help refine our evaluation...
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The US Dollar is firmer ahead of the FOMC rate decision. Expectations is for the Federal Reserve to raise interest rates by 25bps to 2.00-2....
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