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The Ministry of Finance’s efforts are unlikely to produce a lasting reversal in the Yen, so long as the Bank of Japan’s QQE with yield curve control policy remains in place.
Gold prices haven’t been able to stage a recovery above 1680.
Rates markets see a 100% chance of a 75-bps rate hike in September.
Chief Strategist John Kicklighter and Senior Strategist Christopher Vecchio, CFA discuss the September Federal Reserve rate decision.
Markets coil ahead of a anxiously anticipated Federal Reserve rate decision, with stocks grasping as support whilethe US Dollar tests key resistance.