BoJ to overshadow the Fed, upward pressure on bond yields and other roadblocks

Posted on September 16th, 2016

US economic data has continued to disappoint most noticeably with weak retail sales extending from July into August. This has undermined the USD, although overall FX markets appear in extended choppy directionless patterns.  The chance of a Fed rate hike next week has diminished to negligible levels.  Judging by recent comments by most FOMC members, […]