March 16,2016. The NZD is the strongest. The GBP is the weakest.
Big Day. No it is not Super Wednesday. It is FOMC Day. No change is expected in rates. Change in the tone is more expected. All eyes will be on the dot plot as well (3 more tightenings in 2016?). Of course, risk is increased. If you are in from yesterday (like Ryan) and you are in the black, you have a cushion in case of a surprise against your position. If you are not in the black, you are subject to the market risk (that is present all the time), event risk (that will be drawn out in varying degrees through Yellen’s presser) and liquidity risk (again a drawn out risk through the entire show). That makes it more of a gamble.
The strongest and weakest currencies as NA enters for the trading day
