Fed Decision

Wednesday’s Federal Reserve announcement on interest rates (2 pm New York, 7 pm London, 11 pm Dubai) is widely expected to produce a 25-bp rate hike in the Fed funds rate range to 1.25-1.50%. Traders will look out for these two crucial…
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The Fed decision and the BoJ meetings were the main events as the markets opened this week. Monday saw the usual lack of action with markets staying range bound on the lack of any fundamentals to fall back upon. The soft fundamentals were…
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