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Doubt remains on a December Fed rate hike, Yuan an attractive play for returns

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 10, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Marc Ostwald, Strategist at ADM Investor Services, joined Nick Batsford on the Tip TV Finance Show to discuss the chances of a Fed interest rate hike and effects the USD will have on a hike, as well as the Yuan looking attractive instead of chasing the USD. Doubt in the market ahead of a US interest rate rise Ostwald highlighted that before the most recent Fed meeting, rate hike bets were at 20% for December, then they moved up to 58% following the meeting. Federal Reserve interest rate hike

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