The Fed Needs To Put Its Foot Down

There hasn’t been a lot to talk about as far as the economic calendar goes, though the Pound has benefitted from the solid UK construction PMI read.

There hasn’t been a lot to talk about as far as the economic calendar goes, though the Pound has benefitted from the solid UK construction PMI read. Most of the focus continues to be on coronavirus fallout response from central banks, and earlier today, we got the first response, after the RBA went ahead and cut rates 25 basis points to a record low.

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