Citi Explains Why FX Moved So Much More Than Other Markets After FOMC

The Fed came across as somewhat hawkish relative to expectations, according to Citi’s Stephen Englander, but FX made an outsized move against high-beta G10 and EM relative to equities buying and moderate money market moves… here’s why… Via Citi’s Stephen Englander, This contrast may b…

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Citi Explains Why FX Moved So Much More Than Other Markets After FOMC

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