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ForexLive Americas FX news wrap: Fed shifts to average inflation targeting

Summary

By sueyangfx.com August 27, 2020 at 10:06PM Forex news for North American trading on August 27, 2020: Markets: What did we learn today? The shift to average inflation targeting was mostly priced in but the kneejerk was some surprise as […]

August 27, 2020 at 10:06PM

Forex news for North American trading on August 27, 2020:
Markets:
What did we learn today? The shift to average inflation targeting was mostly priced in but the kneejerk was some surprise as the dollar dropped but shortly afterwards it was more of a sell-the-fact trade – particularly in longer-dated bonds. The dollar followed that but it

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