Fed chair Jerome Powell yesterday indicated that the Fed is set to reduce the size of future rate hikes although he reiterated that rates may need to be held higher for longer.
from DailyFX – Market News https://bit.ly/3EW78H8
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Fed chair Jerome Powell yesterday indicated that the Fed is set to reduce the size of future rate hikes although he reiterated that rates may need to be held higher for longer.
from DailyFX – Market News https://bit.ly/3EW78H8
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The Australian dollar pushed higher on the back of a weaker USD and an improving Chinese COVID situation leaving AUD/USD above 0.68.
from DailyFX – Market News https://bit.ly/3OQmphc
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The Japanese Yen continued higher after US Dollar today as the market has deciphered Fed Chair Powell’s comments are not as hawkish as had been feared. Where to for USD/JPY?
from DailyFX – Market News https://bit.ly/3OQoJVy
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