We’re coming up on the end of Q2 and the US Dollar bullish trend is more than a year old. What’s in store for Q3 – can the Fed remain as the most-hawkish game in town?
The Fed hiked by 75 bps and this was followed by the Swiss National Bank hiking 50 and the BoE hiking by 25, and the Bank of Japan is on the clock for later tonight.
Fed day is here and markets are primed for a 75 basis point hike, along with assurances of more to go along with the start of QT. This is an unprecedented shift from the FOMC and markets are hangin…