In this video update, we take a look at the DXY and how the USD is shaping up after the latest FOMC release yesterday.
Fed Chairman Powell took a dovish stance in the press conference suggesting rate hikes are on pause for now and that they
are continuing to focus on the data. With the large move yesterday we should expect a retracement of some kind before
any downside continuation.
Fed Chairman Powell took a dovish stance in the press conference suggesting rate hikes are on pause for now and that they
are continuing to focus on the data. With the large move yesterday we should expect a retracement of some kind before
any downside continuation.