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FOMC policy decision preview
We’ve seen a whole lot of US Dollar buying and equity market selling in reaction to how the market has been pricing Fed policy normalization in the months ahead. But as we head into today’s event risk, we wonder if all of that hawkishness has now been priced in, leaving room for a ‘sell the […]
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Positioning into the event risk
It’s become quite clear that the market really doesn’t want to be making any major decisions about the next big moves until today’s Fed event risk is out of the way. Trading activity has been rather dull this week thus far and we would mostly describe it as position adjusting into the Fed decision. Audio […]