USDollar Versus the Probability of a December Fed Hike

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I didn't know if Trading View would support it. Apparently, it does. Here we can calculate the probability of a rate hike by the end of the year using the December Fed Funds futures (100-contract value, divided by the hike rate of 37.5 basis points). Currently that percentage stands at 52% according to this. If we can get this to 75% or higher, USDollar may finally be able to break to 12 year highs.
Hi....i am new here.....and curious abt the chart....grateful if you could post some addl. Explanatory or educational material....seems interesting....thnx....rgds
Very interesting chart.
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