FTSE falls on cheaper oil, commodities

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 15, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    The two-day Fed meeting starts today and the US dollar is a better bid across the board. The Fed is given less than a 5% chance to raise rates at this meeting. Nevertheless, the Fed could keep the possibility of a 25 basis points rate hike before the end of this year. The market gives slightly more than 50% probability for the next hike to come in June, however, these probabilities could change very rapidly. Any hawkish hint from the Fed could trigger a sugar rush in the US dollar at the

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