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Forexlive Americas FX news wrap: USD takes flight on the Fed

Discussion in 'Market News' started by ForexLive, Oct 28, 2015.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    Forex news for US trading on October 28, 2015: - down $11 to $1155 - WTI crude up $2.77 to $45.97 - US 2-year yields up 8.2 bps to 0.70% - Implied prob of Dec hike at 46% vs 34% before Fed The hawkish Fed sent the US dollar skyward. The chance of a December hike jumped and the market reaction was rather unsurprising except for the jump in stock markets.

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