HFM, formerly known as HotForex, is an award winning multi asset broker, providing trading services and facilities to both retail and institutional clients.analysis.hfm.comJoined January 2015
A number of headwinds continued to pressure sentiment
#FOMC's higher-for-longer stance
#JPMorgan's Dimon noted the potential for a 7% rate as a worst case scenario.
The threat of a US government #shutdown this weekend
#Moody's warning
#Technicals have played a part as well!
The chance of the #BoE raising rates past 5.5% falls to below 20% from around 42% on Tuesday - #Swaps
Traders price a 70% chance of a BoE hike Thursday vs 90% earlier.
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