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This article was written by Jarratt Davis. Jarratt is a professional trader and educator and owner of www.jarrattdavis.com.
The US dollar saw massive strength on May 18 when the minutes from the April 26-27 meeting were released. Previously, the market had all but discounted the chance of a June 15 hike with Fed fund futures pricing close to zero probability in early May.
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These chances then edged higher during mid-May when a whole list ... (read more)