I think the Federal Reserve, once again, may have started a trend. When they cut interest rates a few weeks ago, they also signaled that rates would be on hold going forward from here. The market has since priced in a hold on interest rates for the new year 2020. But even more interestingly, central banks around the world have also followed suit with hawkish rhetoric and no-moves on rates.
Today, I was back on the air with Ben Lichtenstein talking currencies on his FUTURES show with the TD Ameritrade Network. We discussed the central banks, what the impending general election in the UK could mean for the GBP and what’s going on with the Canadian and U.S. dollars.
Enjoy the show!
