Morning Call: Ultra-dovish Fed prompts broad risk-off
The extent of the Fed's circumspection at yesterday's policy meeting has sent the US dollar and equities lower, while the usual safe havens – gold and the yen – are poised for gains.
Senior Editor, Saxo Bank
Summary: The British pound is broadly higher this morning after the UK prime minister cleared the way for a Brexit delay if her divorce deal with the EU is rejected on its second parliamentary outing next month. This reduces the odds of a no-deal Brexit and might even result in a second referendum.