Allergic to bullshitters, never argue with fools
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GBP: A new hope for a soft Brexit
If Dominic Grieve's amendment to avert a no-deal Brexit is discussed in parliament today, we expect GBP volatility to be revived. Elsewhere, all eyes will be on James Bullard's comments as the market awaits Fed Chair Jay Powell's testimony on WednesdayThe week started on a fairly muted note for the dollar and for the FX markets, in general. The big theme clearly remains the strong June jobs report and the implication for the Fed’s monetary policy. Investors seem to have high expectations for Chair Powell’s testimony tomorrow as they attempt to assess the magnitude and timing of the upcoming FOMC moves. Today, ... (full story)
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