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.

Want to start trading financial markets with ease and confidence?

Forex and CFD trading can fit a range of trading goals whether it’s increasing your profit potential or diversifying your portfolio. If you want to learn everything you need to know about trading Forex and CFDs, then visit our online trading academy. If you’re ready to start trading, simply sign up for a FREE trading account with 1000’s of virtual funds and start trading towards your financial success!

Facebook falls to 3-month low
3-11-2016
Shares of Facebook Inc (FB) fall hard (-5.55%) following company’s forecast of 'meaningfully slower ad revenues’. If you think FB stock price will go up click on the BUY button in the trading platform, or if you think it will go down, click on the SELL button. For General Information only. Losses can Exceed Deposits. Your Capital is at Risk. Not intended to provide Trading or Investment Advice. Want to start trading financial markets with ease and confidence? Forex and CFD trading can fit a range of trading goals whether it's increasing your profit potential or diversifying your portfolio. If you want to learn everything you need to know about trading Forex and CFDs, then visit our online trading academy. If you’re ready to start trading, simply sign up for a FREE trading account with 1000’s of virtual funds and start trading towards your financial success!
...
Find out more
Bank of England - super Thursday
3-11-2016
MPC’s decisions on interest rates are announced on the first Thursday of each month at 12:00 GMT. Minutes of the MPC meetings are published simultaneously with the decision and are followed by a widely-covered press conference. Decisions made during this event shed light on the central bank’s upcoming monetary policy and stimulus measures. Main financial instruments affected include: GBP/USD (pound vs dollar), EUR/GBP (euro vs pound), GBP/JPY (pound vs Japanese yen) and GBP/CHF (pound vs Swiss franc). For General Information only. Losses can Exceed Deposits. Your Capital is at Risk. Not intended to provide Trading or Investment Advice. Want to start trading financial markets with ease and confidence? Forex and CFD trading can fit a range of trading goals whether it's increasing your profit potential or diversifying your portfolio. If you want to learn everything you need to know about trading Forex and CFDs, then visit our online trading academy. If you’re ready to start trading, simply sign up for a FREE trading account with 1000’s of virtual funds and start trading towards your financial success!
...
Find out more
US non-farm payrolls data could send euro to dollar exchange rate higher
4-11-2016
October’s Non-Farm Payroll (NFP) Jobs Report – the main report that describes monthly Employment Situation of all workers in the United States, will be released by the U.S. Labor Department today, Friday November 4th at 12:30 GMT. If the jobs data disappoints, this could rattle the currency market and possibly affect the presidential elections, which are just 4 days away. According to consensus forecasts, employment data will show a growth of 180,000 jobs.
Seize the opportunity and capitalise on this major market event now!
For General Information only. Losses can Exceed Deposits. Your Capital is at Risk. Not intended to provide Trading or Investment Advice. Want to start trading financial markets with ease and confidence? Forex and CFD trading can fit a range of trading goals whether it's increasing your profit potential or diversifying your portfolio. If you want to learn everything you need to know about trading Forex and CFDs, then visit our online trading academy. If you’re ready to start trading, simply sign up for a FREE trading account with 1000’s of virtual funds and start trading towards your financial success!
...
Find out more

Likelihood of fed rate hike in December now at 100%

Related Posts