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US dollar moves higher. Stocks move lower. Yields move higher

US dollar moves higher. Stocks move lower. Yields move higher
The Federal Reserve exerted a hawkish pause by skipping a rate hike but raising the terminal rate to 5.6% from 5.1%. That implies 50 more basis points hikes between now and the end of the year.The market which was thinking in terms of no change and the potential for no change in July, is now thinking they got that idea wrong. Looking at the markets:EURUSD. The EURUSD moved back below its 200 bar moving average on the 4 hour chart 1.0853 and move down to retest its 100 day moving average 1.0805... Read More
Posted: Jun 14 2023, 18:27
Author Name: forexlive
Views: 102217

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