Dollar Rebounds on Fed Rate Hike Chatter

The video discusses market expectations regarding potential Fed rate changes, highlighting conflicting remarks from Fed officials. Dudley's comments suggest a 50/50 strategy to avoid market shocks. The impact of Fed actions on currency movements and the yield curve is analyzed, with a focus on the Bloomberg Dollar Index. The video also examines UK economic data post-Brexit, noting resilience in the labor market and bearish sentiment on the pound.

What does keeping the market at a 50/50 proposition imply for future market shocks?

How do the current market sentiments and positioning affect the outlook for the pound post-Brexit?