Fed Chair Powell MUFG delves deep into the anticipated FOMC decision, suggesting that, while the FOMC will most likely keep the fed funds rate unchanged, market participants should be keenly watching for any deviations in the typical messaging from the Federal Reserve. Key Takeaways: Rate Expectations: The market has virtually no expectation of a rate
Description: The British pound continues to update its lows and thereby break new local anti-records. The price has already dropped below the level of 1.21166 today, which strengthens the position of sellers, especially intraday. With a high degree of probability, we also expect a fall towards the daily support 1.18730. Considering the average daily move along with today’s news
