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June Fed hike probabilities take a tumble

Discussion in 'Fundamental Analysis' started by ForexLive, Jun 1, 2016.

  1. ForexLive

    ForexLive Forum Member

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    Market sours on near-term hike One of the reasons the US dollar is under pressure today is a drop in expectations the FOMC will hike rates on June 15. The implied probability of a June hike in the Fed fund futures market is down to 18% from 24% yesterday and 30% at the end of the day Friday.

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