Dollar Softer After Yesterday’s Fed Rate Hike

The dollar in overnight trading lost 0.6-0.7% against the New Zealand and Australian currencies, 0.5% versus the euro and Swiss franc, 0.4% relative to the Turkish lira and 0.2% vis-a-vis the Canadian dollar. Prices for Bitcoin and WTI oil are up 0.5% and 1.0%. U.S. stock futures have strengthened, and 10-year sovereign debt yields are […]