Focus remains on what the Fed can do, not necessarily what the Fed will do; in contrast, other Central banks sung from a distinctly clear hymn sheet reiterating that they had the ability and intent to do what the markets want them to do. Hence, we have the Best two week stretch for USD index since mid-May 23 - shows how important relative story is for FX.
FED Speakers, Speech is Silver?
FED Speakers, Speech is Silver?
FED Speakers, Speech is Silver?
Focus remains on what the Fed can do, not necessarily what the Fed will do; in contrast, other Central banks sung from a distinctly clear hymn sheet reiterating that they had the ability and intent to do what the markets want them to do. Hence, we have the Best two week stretch for USD index since mid-May 23 - shows how important relative story is for FX.