EUR/USD Resumes Weakness after Hawkish Powell’s Comments

<p>The risk-off is in full swing following FOMC Jerome Powell speech, who mentioned that they are planning to get interest rates &#8220;expeditiously&#8221; to neutral. Powell acknowledged that 50 basis points rate hikes will be on the table at the upcoming meetings. US yields are again ticking higher/US notes lower while the USD is up sharply [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/440457-eur-usd-resumes-weakness-after-hawkish-powells-comments/">EUR/USD Resumes Weakness after Hawkish Powell&#8217;s Comments</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>