NFP in 2 hours, price hovering at 1.5150? What is market trying to pricing?
I got a feeling that Fed will raise rate soon because what FOMC members have been doing recently is talk up the hiking expectation so that when they do hike it will not be a shock. If this is true then cable's decline maybe justified.
I suspect that FOMC is no longer "data dependent" they just need to make sure that market volatility doesnt go viral.
I got a feeling that Fed will raise rate soon because what FOMC members have been doing recently is talk up the hiking expectation so that when they do hike it will not be a shock. If this is true then cable's decline maybe justified.
I suspect that FOMC is no longer "data dependent" they just need to make sure that market volatility doesnt go viral.