Economic calendar for the week 26.06.2023 – 02.07.2023

Review of the main events of the Forex economic calendar for the next trading week (26.06.2023 – 02.07.2023)

The dollar strengthened last week, and its DXY index rose by +0.7% by bouncing off the 6-week low at 101.51. The dollar got bullish momentum mainly from speeches by the Fed Chairman Powell in Congress last Wednesday and Thursday, where he confirmed the intention of the US central bank officials to propose tight monetary policy, hinting at at least 2 more interest rate hikes this year.

"Inflationary pressures continue to be high and there is a long way to go to get… Read full author’s opinion and review in blog of #LiteFinance