CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing all your money. Read full risk warning.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Likelihood of fed rate hike in December now at 100%

November 23, 2016

The odds that the Federal Reserve (Fed) will raise interest rates in December have hit 100%, according to market analysts at Reuters. The market priced in the odds at 100% that the Fed will decide to increase interest rates by 25 basis points to 0.50%-0.75% during its next meeting, December 13-14.

That is compared with the 85.8% odds a week earlier and 95.4% reported on Monday.

As a result, the dollar has continued to move higher against other major currencies, holding near 14-year highs. At 06:39 GMT, the USD Index was trading at 101.075 (up 0.07%).

Will the uptrend continue?

For General Information only.
Losses can Exceed Deposits. Your Capital is at Risk.
Not intended to provide Trading or Investment Advice.

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