JohnKicklighter

USDollar Versus the Probability of a December Fed Hike

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I didn't know if Trading View would support it. Apparently, it does. Here we can calculate the probability of a rate hike by the end of the year using the December Fed Funds futures (100-contract value, divided by the hike rate of 37.5 basis points). Currently that percentage stands at 52% according to this. If we can get this to 75% or higher, USDollar may finally be able to break to 12 year highs.

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