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Fed just removed worry about global conditions and the ECB is adding them back?

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 5, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Outlook: Sentiment on the Fed hike in December has shifted from “maybe” to “yes.” The FX market is taking its clues from the fixed income gang, which has taken the 10-year steadily upward since the Oct 28 Fed statement. It opened on a gap yesterday and closed at 2.220%, from 2.174% Monday morning, and is quoted at 2.213% this morning. More relevant, perhaps, is the 2-year, with the US at 0.77% (a multi-week high) and the German 2-year at -0.33%. The probability of the Dec hike, based on Fed

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