Tuesday, 22 November 2016

Dollar on the way up!

Dollar on the way up! 

Last week saw the US Dollar exploding to fresh 13 year highs as traders adjusted their positions following the election of President Trump.
Fed rate hike expectations for December have jumped to over 90% from around 60% prior to Trump's election.

Will they or won't they?

This week traders will be watching the release of the FOMC meeting minutes for clues to a likely December rate hike.

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