Fed March rate hike bets stand at 58%

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Oct 27, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    FXStreet (Mumbai) - As per the CME Fed watch data, the Fed is seen moving rates only in March 2016.

    The probability of a rate hike move in March 2016 stands at 58%. Meanwhile, October rate hike bets are at 5.7%, while the December rate hike bets stand at 35%.

    The US durable goods orders report is due for release today. Corporate spending as represented by the durable goods orders is seen falling 1.3% in September, following a 2.3% drop in August. Durable goods ex-transportations is seen stalling.
    For more information, read our latest forex news.

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