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European Market Update: UK Retail Sales Handily Beats Expectations, Pound At 2-Week Highs

Discussion in 'Fundamental Analysis' started by Angela_Riplay, May 19, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Markets re-pricing the possibility of a June Fed rate hike following the release of hawkish FOMC. The markets had been bracing for a more hawkish message from the Fed, but its emphasis on June was an even hawker surprise. The USD holding to recent gains following the Apr FOMC minutes[​IMG]

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