Special report: The Lag Effect
On the surface, it's understandable that the market wouldn't have reacted all that much from Jerome Powell's early Thursday appearance, but we believe there were some subtleties in the Fed Chair's words that should be carrying more influence.
Next 24 hours: What a Mess
Plenty of risk off price action in Thursday trade, though a lot of this was in the background for FX traders, with most of the attention swirling around the latest Brexit setback. And today's setback was a big one. Dominic Raab, Theresa May's Chief Brexit negotiator handed in his resignation.