Should we expect a hawkish surprise from the Fed?
Citing fairly decent economic data from the US of late, traders trimmed their easing expectations to nearly 60% from over 90% last week.
Markets shift focus to Jackson Hole
Yesterday’s release of the FOMC meeting minutes confirmed that a rate cut last month was a “mid-cycle adjustment”. The document also showed that policymakers...
After FOMC, focus turns to Bank of England
After the Fed confirmed its dovish shift yesterday, the Bank of England has a so-called Super Thursday today.
All eyes on FOMC
Today the two-day Federal Reserve policy meeting concludes. The central bank’s tone will set the direction for the dollar across the board.