My last television appearance of 2018 was on the TD Ameritrade Network a few weeks ago. With the Bank of England (BoE) meeting on monetary policy this week, as well as the Federal Reserve, I thought it was a good idea to revisit some of the themes I discussed with Ben Lichtenstein on FUTURES.
The Brexit deal was certainly on the top of discussion but so was the U.S. dollar. The Federal Reserve is so highly expected to raise interest rates for the last time in 2018 but also give dovish guidance for monetary policy next year that the market is already headed into the event selling the USD. But I believe that this selling in the USD is merely market positioning for a very specific reason that is not being talked about right now. Watch the full interview below.
