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USD: US market has priced in rate hike

By Smart Currency December 13th, 2016

Yesterday’s Federal Reserve Budget Balance and US Bonds sales weren’t really being watched by the markets. The dollar, however, lost some ground against the euro and showed more significant weakness against the pound.

The Federal Reserve’s interest rate decision on Wednesday is the key focus this week. Investors are pricing in an interest rate hike, the first this year.

Today we have import and export price information as well as more bond sales figures.

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