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Fed Fund futures: Odds of a Fed rate hike in Dec at 43%

FXStreet (Bali) - Based on CME Group 30-Day Fed Fund futures prices, which express the market’s views on the likelihood of changes in U.S. monetary policy, market participants are now pricing a rate hike in December at 43% post-FOMC vs 36% pre-FOMC, with January now up at 53%, while March has increased to 67% vs 52% pre-FOMC.

USD/JPY: bears last dance before BoJ?

USD/JPY was seeing some early price action ahead of Tokyo and the price dips below the 121 handle and starts to consolidate on the 120.80 supporting level in the positive Asian open tracking Wall Street on hawkish FOMC.
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RBNZ: further cuts likely, NZD not overvalued - Nomura

Charles Starnaud, analyst at Nomura noted the RBNZ kept its policy rate unchanged at 2.75%, as expected.
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