Since Brainard’s speech yesterday, there has been much concern over the volatility of the US Dollar. This is of extreme importance since the Federal Reserve rate decision is next week. There is a concern that when the banks try to hike and normalize the policy, it will result in a cascade of selling as all rush to the door at the same time.
Uncertainty Grips Forex Market As Equilibrium Shifts On COVID-19 Pandemic
The global financial market has been on edge ever since the World Health Organization termed the spread of the coronavirus,...