Talking Points: -US Dollar Technical Strategy: Bullish Off 100-DMA into FOMC -Consolidation before FOMC Statement Favors Upside -Trader Sentiment Ahead of FOMC Flashing Contrarian Bullish Signals Ahead of the December 16, FOMC meeting, markets are pricing in a 74% probability of a hike with a near 40% chance of an additional 25bps hike in March. In recent trading, the US dollar has seen the 100DMA near 12,040 act as firm support and going through FOMC, we can ...
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