After two days of major drops in the US stock markets, analysts are revising their positions on where interest rates, and therefore currencies, are headed. Up until the weekend, the consensus was that there wouldn’t be any rate cuts by the Fed until at least April. But, unless we have some major good news this week to calm the markets, the next rate cut could be sooner than expected. And the dollar could be weaker in the near term! Join our responsible trading community - Open your Orbex account now! What’s Going On? There have been two (rather simple) theories put forward to explain the sudden drop in stocks at the ... (full story)