03
Nov
By Andrew C. Collins | BANNOCKBURN Global Forex LLC
Quite a week in currency markets – let’s hit the highlights.
Bank of England raises rates a quarter point to 0.5% but signals that will be the last hike for a while. GBP gets crushed.
FOMC leaves rates unchanged – market still expects a hike at the December meeting, the last of 2017.
Dollar performs quite well overall, equity markets extend their broad-based rally.
President Trump nominates Jerome Powell to replace...