Next 24 hours: Pound Reverses, OIL Extends Decline
Today’s report: Pound in Focus as Market Settles Ahead of Fed
The Fed kicks off its two-day policy meeting today, with a decision on rates expected tomorrow, where a 25 basis point increase has been priced. But as is always the case with Fed decisions, the market will be proceeding with caution over the next +24 hours, which could easily result in fairly steady trade. read report