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Fed rate hike is more feasible

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 5, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    On Friday the U.S. dollar index increased while the stocks were almost flat. The U.S. labour market data was much better than expected. The unemployment decreased reaching its low since April 2008 at 5%. The payroll increased by 271 thousand being the highest since December 2014. The data made the probability of the rate hike on December 16 considerably higher: it reached 70% against 58% on Thursday. The yield of 2-year bonds reached the 5.5-year high at 0,958%. Markets decided the rate hike

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