We are heading into this week’s top event risk: the FOMC rate decision. The market consensus is for a fourth consecutive, 75 basis point rate hike; but that exceptional extension of a historical hawkish charge is likely baked in. So what should we focus on for this key event and what markets are most exposed?
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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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GBP/USD bulls caught out by wait and see BoE, while 1.4000 caps GBP rallies. from DailyFX - Market News https://ift.tt/35SVEDa via IFTTT ...
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