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FED WATCH. Don't believe the hype! Probabilities downgraded further.

Discussion in 'Technical Analysis' started by FXStreet_Team, Apr 13, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    I would be very worried if I was longterm bull on US Dollar. After an excellent data coming out of US recently: Earnings, CPI, GDP or employment, we still see lack of Dollar strength. EURUSD has been slowly making a way up since the last FOMC meeting in December 2015. Looking at FED WATCH I see further deterioration in probabilities of the rate hike this year. This is approx. 5th week with probabilities are being downgraded by futures market. At this stage the strongest is December with

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