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Rate hike coming to the US

Rate hikes expectation are firmly anchored in the U.S at moment, but US dollar may need another month of data before seeing any significant movements

By Richard Nehme | May 19, 2014 22:14 BST
Euro continues to benefit from weaker USD
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This week the U.S will see the Fed’s Chairwoman Yellen delivering her speech on Wednesday followed by the FOMC’s minutes on Thursday. Rate hikes expectation are firmly anchored in the U.S at moment, the US dollar may need another month of data and a change in tone from Yellen before seeing any significant USD movements [...]

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