US Dollar (DXY) Touches a Fresh 7-Week Low Despite a 25bp Fed Rate Hike

The US dollar is seemingly disregarding another US interest rate hike and is turning lower as traders weigh up the odds for any further increases

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EUR/USD Price Outlook: Dovish FOMC Statement Propels EURUSD Higher

After the ECB’s 50 basis point hike and the possibility of a Fed pause at current levels, fierce dollar selling continues. In fact, markets now anticipate US rate cuts

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Gold Prices Turn to US Initial Jobless Claims to Gauge SVB Economic Shock

Gold prices gained as the US Dollar and Treasury yields fell after the Federal Reserve rate decision. All eyes turn to US initial jobless claims to gauge the economic impact of SVB’s collapse.

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S&P 500 Sinks After Powell Speech and Yellen Testimony, Will US Dollar Rebound?

The S&P 500 sank 1.6% in the aftermath of Jerome Powell’s press conference and testimony from Janet Yellen. Risk aversion seems in the cards, will the US Dollar pull ahead?

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Fed Hikes Rates to Zap Inflation, Embraces Less Hawkish Guidance; USD Sinks

The Federal Reserve raised interest rates by 25 bp to 4.75%-5.00% at the end of its March policy meeting, adopting a less hawkish guidance than in previous months, a sign the hiking cycle is nearing its end.

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