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Espresso Morning Call: Major forex unwinds as recovery slips
Espresso Morning Call: Major forex unwinds as recovery slips

The positive momentum of the risk recovery has eased overnight in the wake of a hawkish lean from Fed Chair Powell. This has reinvigorated the USD and is weighing on US equity futures.

Wall Street at another key inflexion point ahead of the FOMC
Wall Street at another key inflexion point ahead of the FOMC

The FOMC meetings have marked key turning points for Wall Street in 2022 and another is set for today. We consider potential targets for market reaction.

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