Forex-Webinar:-FOMC-Minutes-Reinforce-Hike-Forecast

Talking Points:

• The minutes to the October Fed rate hike are the last official stop to the final rate decision this year

• A concerted effort to keep the December meeting 'live' suggests the probability of a hike is material

• Despite sentiment that reinforces a swell in hawkish expectations, the Dollar didn't climb after the minutes

Find out what live events and webinars are scheduled this week with the DailyFX Live Webinar Calendar!

Watch the recording of John Kicklighter's coverage of the FX market's reaction to the FOMC minutes. There is only one more Fed rate gathering this year and the central bank has conspicuously maintained that a majority that believes 2015 is the appropriate time to begin normalizing rates. That is simple math that suggests a December rate hike is a considerable probability. This probability has seen the Dollar surge these past weeks, and the minutes of the October meeting was a milestone that could offer more insight into this opportunity/threat. The language reinforced the considerable chances of a hike, but the market's didn't respond as many may have expectd.

Sign up for John’s email distribution list, here.