Saturday, 11 March 2017

Expectations Blur with Fed, BoE and BoJ Rate Decisions Ahead


chart of rising market

Monetary policy isn't the straightforward fundamental driver it once was. This past week, the Dollar struggled despite strong NFPs and a certainty of a FOMC hike while the Euro rallied after reports the ECB discussed the future of hikes. Be prepared for unusual response to the Fed, BoE, BoJ and even SNB decisions ahead.
Source: DailyFX - Forex Market News

Emoticon Emoticon