FX Market Insight 2nd August

The FED holds steady with their plan and rates in the US are expected to be raised by 0.25% in September. The majors have dribbled off a touch but I still expect the market to buy USD once they work out the interest rate differential is starting to widen even further. It's almost like they don't believe it, but it is 'really' happening! The BOE meeting rolls around today and we're expecting a 0.25% hike in rates. Check it all out in today's FX Market Insight.