Weekly Review and Outlook: Dollar Rallied on Fed Hike Speculations

  • June 16, 2008

Speculations on Fed’s next move dominated the markets last week, in particular after stronger than expected retail sales and CPI report from US. Interest futures are pricing in a 60% chance that Fed will hike by at least 25bps in Aug, comparing to less than 10% a week ago. Odds…
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June 16th, 2008
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