Fedwatch Tool indicates shift in mood over span of 7 days
While the numbers are small, this is a significant swing in mood.
- Odds of a rate cut in H1 has totally disappeared.
- Odds for one rate hike increased across the board.
- Previously none, there are now positive odds for a second hike as early as June.
When there are seesaws like this in expectation, there will be plenty of volatility in USD and stocks
Director, TerraSeeds Market Technician Pte Ltd. Trader, investor. @sohtionghum was picked ‘Top 70 Forex Twitter in 2015’. Operates multiple strategies.
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