EURUSD Good developments for traders
Since August, the market has not priced in a full rally into the November-December session.
At the end of August, the probability of an increase in November was 70% (currently down to 10%). of
The probability of a rate hike in December has fluctuated between 30% and 55% since the end of August.
Yes, WIRP has shifted further outside the curve (allowing for fewer cuts). But the reality is:
There's another reason the 30-year Treasury yield rose to 5% in October from 3.8% in July.
FRB.
At the end of August, the probability of an increase in November was 70% (currently down to 10%). of
The probability of a rate hike in December has fluctuated between 30% and 55% since the end of August.
Yes, WIRP has shifted further outside the curve (allowing for fewer cuts). But the reality is:
There's another reason the 30-year Treasury yield rose to 5% in October from 3.8% in July.
FRB.
Comment:
The first port was broken but the second port completed its mission. The trend is going right according to analysis
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