Next 24 hours: Trade to Thin Out into Holiday
Today’s report: The Straw that Broke the Market’s Back
A market that was once feeling good about its more dovish Fed timeline trajectory, is now being forced to reconsider its stance. This follows a wave of hawkish Fed speak post last week's FOMC decision, resulting in a resurgence of US Dollar demand. Looking ahead, UK retail sales, US initial jobless claims and US durable goods are the key standouts. read report