The table could be turning for risk, with several JPY crosses looking like they’re finally topping out and due their inevitable corrections.
With the Fed widely expected to cut rates later today, we take a look at market returns for FX majors, commodities and the S&P500 following such an event. Using Fed Funds data from 1971, we filtered the Fed… Read More
The Fed all but confirmed the U-turn that many were expecting. Whilst rates remained on hold, almost half of voting members now see two rate cuts this year.