A traders perspective on rates...
Updated
It's very possible the markets are, and have been, pricing in interest rates hikes for the USD. In these situations, it's important to look at the bigger picture, especially the technicals, to confirm that price is moving in a way that would also support traditional fundamental bias. On a longer time frame, the dollar is becoming increasingly more suspicious, and warrants a lot of critical thinking as for the next long term move.
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