Weekly Fed Watch – Interest Rate Hike probability increases further

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 9, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    Another pretty busy week behind us. The data for two most important elements of monetary policy were released last Friday. NFP printed way above expectations. We saw 242K vs 195K prior. This is a huge boost to US employment. Unfortunately, markets didn’t care too much about new jobs. All eyes were on the Average Earning report. This came as a big disappointment and contracted by negative 0.1%. Market expected a growth of 0.2%. No wage inflation for US this time. It seems like inflation is much

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