The dollar added to Wednesday's gains overnight, as the market continued to partially price in a December Fed rate hike. Fed Fund futures reveal a better than 50/50 chance for a hike before year end, which has spilled over to the dollar quite significantly. EUR-USD made 1.0833 lows, and now has its sight on July lows of 1.0809. USD-JPY meanwhile, touched better than two-month highs of 121.95, now targeting the August 24 peak of 122.03. Oil prices stayed down overnight, which kept USD-CAD bid up toward 1.3180, after closing in North America near 1.3150 yesterday.
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