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Euro has potential for a bullish breakout

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 14, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Capital flows into high yielders as Fed prepared to hike rates by Ipek Ozkardeskaya Risk sentiment is rather good at the start of this year’s last Fed-focus-week. The Fed is expected to take the first step toward policy normalisation on Wednesday and the market is presently pricing in a strong 74% probability for a 25 basis point hike. This is slightly lower than last week’s assessment of 78/80% probability. Nevertheless, it appears that the FOMC is given little margin to steer. This being

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