Market Digests Fed, Greenback Consolidates, Antipodeans Tumble

The market has mostly interpreted the Fed's action in line with our thinking. Despite the lowering of the long-run Fed funds rate, the shifting one of the three hikes from 2019 into 2020, and recognizing that the weaker price impulses are somewhat mysterious, the Fed clearly signaled its bias toward...

Market Digests Fed, Greenback Consolidates, Antipodeans Tumble