Market Expectations for a Fed Rate Hike
The dollar erased its 2016 loss versus the euro and the outlook for higher relative interest rates may prove strong enough for the greenback to overcome historical patterns that signal its gains are overdone. The U.S. currency rose for a third week on renewed bets among investors and traders that the Federal Reserve will find the scope to raise rates by December. Commerzbank Global Equities Economist Peter Dixon discusses with Mark Barton on "Bloomberg Surveillance."
Most Recent Videos
Full Show: Surveillance (09/20)
59:26 - Bloomberg Surveillance hosted by Tom Keene, Francine Lacqua, and Nejra Cehic. Guests include former Bank of England Governor Mervyn King, Sir Martin Sorrell, chief executive officer at WPP Plc, and Richard Haass, president at Council on Foreign Relations. (Source: Bloomberg)