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How fast will US rates rise?

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 8, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Outlook: Now that Japanese and eurozone GDP revisions are in, we turn to US data but the plate is nearly bare—just JOLTS, always interesting but not a market-mover. That gives us time to consider the Fed’s rate hike and what it means. Most of the shouting is over but some traders are growing increasingly wary of all the hints that the trajectory of hikes is going to be “gradual”—make that “glacial.” An ultra-slow pace, as shown in the FT’s futures chart, implies waning support for the dollar.

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