With the US and the UK announcing interest rate decisions this week, all eyes will be on the comments regarding Forward Guidance as economies and bankers react to the ever-changing global power-shifts
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Trump’s comments hit the USD in illiquid trading, EUR/USD and GBP/USD trading at multi-year highs on the USD weakness. Plenty of data this week, with the ‘war of words being fought between the President and the US federal Reserve which is straining checks and balances in the US political system.
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