KEY TAKEAWAYS: Traders are now betting on a higher peak interest rate from the Federal Reserve due to strong January employment data and recent comments from Fed officials. Options trades show some investors are anticipating a peak rate of 6%, nearly a full percentage point higher than the current consensus. Despite the shift in sentiment, […]
The post GBP/USD Rallies to Mid-1.21s, Despite Big Bets on a 6% Fed Rate appeared first on Action Forex.
The USD/JPY chart shows a bullish trend at the start of March, influenced by the escalation of military activity in the Middle East. On one hand, the US dollar is strengthening due to increased demand Read more…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Why we love this deal Few types of fine jewelry are Read more…
For the past five days or so, President Trump has pronounced the war in Iran at or near an end. Behind his thinking — and much of Congress, Wall Street and others — is that Read more…