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Video: FX Update - QE3, Meet Mr. Plosser
The US Philadelphia Fed's Plosser was out with a more than hawkish detailing of how he thinks the Fed needs to both reduce its balance sheet and raise rates in the "not too distant future". This was not at all how the USD bearish market was positioned coming into today. Implications for next week?
16:48 minutes
Tags: AUD, CAD, EUR, FOMC, Fed, Fisher, GBP, JPY, Plosser, QE3, USD, forex, johnjhardy, reutersfx, summit
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