Forex: Major Changes to Rate Hike Expectations
Posted on February 17, 2011 at 10:56 AM EST
Over the past 3 weeks, central banks around the world have made a number of comments that have affected rate hike expectations. On Jan 27th, I showed where rate hike expectations were at the time and since then a number of interesting changes have occurred. First, the market is now pricing in a 25bp rate [...]