Cleared Funds

From time to time, I bring up the CME Group’s FedWatch Tool to show rate hike probabilities. And if you ever wanted to learn more about this nifty tool, then today’s little primer will help you out.

The Fed finally decided to hike and the Greenback plunged as a result. Wait, what? That’s right! And if you’re wondering why the Greenback plunged, or maybe you just wanna know some of the most important points from the Fed’s March statement and presser, then here are the key highlights that you need to know about.

The main theme for this trading week was pound weakness (yet again). Pound weakness wasn’t the only major theme, though, since we’ve also got yen and Kiwi strength. So, what was driving forex price action this week?

Hi, forex friends! The latest FOMC statement didn’t cause a lot of fireworks, but there were a few important things that you may wanna keep in mind when the December FOMC statement finally rolls around.