Markets do not expect any surprises from Fed’s December meeting
2019 can be called a year of doubts. Will the trade war end? Will UK withdraw from the EU with a deal? Will the euro-area economy recover? Will the Fed bring the interest rate back to the level where it was lowered form? So, It is not surprising that the EUR/USD is trading in the narrowest range since the single European currency appeared, and the euro-dollar volatility is naturally at record lows. Investors had hardly started to work out an idea when new information was getting them to close positions. This has…
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