In this video update, we take a look at the recent USD strength after the recent FOMC interest rate decision.
The need for the Fed to cut rates has slowed and become less aggressive because of the recent good data.
Fed Chairman Powell continued his hawkish outlook in the press conference which has helped sustain the
USD rally. A close above the highs will be key to see any further upside.
The need for the Fed to cut rates has slowed and become less aggressive because of the recent good data.
Fed Chairman Powell continued his hawkish outlook in the press conference which has helped sustain the
USD rally. A close above the highs will be key to see any further upside.