Zero Hedge
All posts from Zero Hedge
Zero Hedge in Zero Hedge,

Dollar Dumped As Fed's Lockhart Fails To Mention Word "September"

A scan through Fed's Lockhart's speech and it is quite apparent that he said absolutely nothing new whatsover. But, seemingly because he failed to mention the word "September," frantic FX algos have sold Dollars and bought everything else as hype hope shifts to December... Just a reminder, this is the same Fed that says a 25bps rate hike is irrelevant and priced in...