US Dollar Weakens After the Fed’s Decision to Raise Rates

<p>After the 11th increase, the interest rate reached 5.5%. At the same time, the US dollar weakened because: market participants may consider this to be the last hike in the cycle (although Powell admitted the possibility of a rate hike in September); the Fed is no longer considering a recession scenario, which has reduced the […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/511777-us-dollar-weakens-after-the-feds-decision-to-raise-rates/">US Dollar Weakens After the Fed’s Decision to Raise Rates</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

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