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FOMC Preview – Finally 25
It’s been 12 months since the last Fed rate hike, which was supposed to pave the way for four more rate hikes in 2016. In the end, we are into December 2016 and only now is the Fed expected to move on rates for the first time this year. The broad conse…
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Daily FX Market Commentary
Good morning, LMAX Close USDJPY 115.186 | EURUSD 1.06265 | AUDUSD 0.74998 | NZDUSD 0.72062 | USDCAD 1.3130 | USDCHF 1.01212 | GBPUSD 1.26581 | LMAX Highs and Lows 6am GMT Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â High | Low EURUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 1.06454 | 1.04215 USDJPYÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 115.334 | 115.000 GBPUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 1.26666 | 1.26400 USDCHFÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 1.01243 | 1.0110 AUDUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â 0.75004 […]
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Get Ready for a Wild One
Today is unquestionably the highlight of the week as far as the economic calendar goes. It’s all one big build up to the final event risk in the form of the FOMC policy decision due late in the day. Of course, the Fed is widely expected to raise rates …