Forex Market Updates for January 18, 2022

The following are posts on a market updates (mkt) thread on the Global-View.com Forex Forum. Note the first post, which captured the driver behind the risk-off mood for the day (higher US bond yields =s view that the Federal Reserve may deliver a greater-than-expected 50 basis point rate hike in March. … .. Evidence of those more aggressive expectations could be seen in fed funds futures, which were pricing in a more-than-100% chance of a 25-basis-point rate hike in March as of early Tuesday, strategists said. That implies some chance of a greater-than-expected 50-basis-poin