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This guest article was written by James Hyerczyk, financial analyst at FX Empire.
The headlines may read the US Federal Reserve is still mulling another rate increase in almost a year after raising rates from near zero last December, but I believe the financial markets have been telling us since early July that the central bank is going to do the deed before the end of the year.
Based on my analysis, something significant happened on July 6 to cause a major shift in the four major asset classes – the Dollar, Stocks, Treasuries and Gold. I think that ... (read more)