The last big event of the year does not hold any mystery regarding the move: the FED will raise rates. But we certainly do not know how Yellen and co. will react to Trump’s stimulus promises and also his trade stance. The baseline scenario is a small profit-taking after long weeks of USD gains, but the high level of uncertainty could result in different, more volatile outcomes. Fasten your seatbelts for an event that will rock markets well beyond the announcement.
Video preview of the big event:
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