Read full post at forexlive.com
The mood in the market remains broadly positive. ICYMI yesterday around 18:53 Central European Time, WSJ’s Timiraos came out with a piece which seemed like suggesting that a 50 bps cut is still being discussed. The market responded raising 50 bps cut probabilities to around 40% from 13% before the news.
This article was written by Giuseppe Dellamotta at www.forexlive.com.
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