The Fed awoke; the dollar never sleeps
After 12 months of lingering, it finally happened in December and the greenback now seems unstoppable
2015 was the year of the Fed, as was the year before and, judging from the market consensus, so will this one be. Markets began the year looking for a sign that the Federal Reserve would trigger the first rate hike in nine years. Fast-forward 12 months and they finally got there.
"The Fed's John Williams kicked things off in March, speculating that a mid-year rate rise ‘may be appropriate'. However, June came and went, with rates still at historical lows, as liftoff was pushed back to September
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