US Dollar Spikes To Fresh 8-Month Highs As Dec Rate Hike Odds Top 70%

The US Dollar Index is up 5 weeks in a row and has just crossed above 99 for the first time since January 2016. As December rate-hike odds have surged since the Brexit vote, so the USD Index has tracked almost perfectly, rising almost 7% in that time (the fastest rise in 18 months)…

This post was published at Zero Hedge on Oct 25, 2016.