US Dollar weakens sharply as Powell turns dovish

BY admin admin

The US Dollar (USD) underwent a very harsh correction on Wednesday during the speech from US Federal Reserve (Fed) Chairman Jerome Powell. Markets disregarded all the remarks on the possibility of more hikes

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts

Forex

AT&T Sued for a Second Time over Crypto Thefts in Phone Hacks

The security breach resulted in the theft of cryptocurrency worth $1.9 million from a technology consultant.

Forex

Gold price remains depressed below multi-week top, Israel-Hamas conflict to limit losses

Gold price (XAU/USD) rallied to over a three-week high, around the $1,932-1,933 area on Friday in the wake of the intensifying Israel-Hamas conflict,

Forex

NZD/USD Bounces Off 50– Hour SMA

<p>During the first part of Thursday’s trading session, the New Zeland Dollar surged by 50 pips or 0.81% against the US Dollar. However, the currency pair abandoned the initial gains at th

Copyright © 2024 | WordPress Theme: Xews Lite