Will the Fed still raise rates?

Friday’s release of the May US payrolls have raised many questions for traders, with the USD getting smashed on poor numbers.

Source: Bloomberg

A look at Janet Yellen’s upcoming speech and the markets’ current implied probability for rate hikes. He also looks at key GBP/USD, the S&P 500 and USD trades.

The information on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG Bank S.A. accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it and as such is considered to be a marketing communication.