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Continuity In New Fed Chair. The British Pound Bears Watching

Continuity In New Fed Chair. The British Pound Bears Watching

2 Years ago | November 12, 2017 00:00:00

John M. Bland, MBA, co-founder, global-View.com


Period Of Calm In Forex Trading? Markets have moved into a quiet period in the latest week as most of the current market uncertainties around the USD have lifted. Money markets are indicating now that a 25bp hike in the Fed Funds target range from 1.00-1.25% to 1.25-1.50% is a near certainty at the December 13 FOMC. Most money market economists are predicting a hike, and Fed Funds futures contracts are placing a near 90% probability on a rate hike at that conference.

Furthermore, the Trump Administration has made its selection for the next

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