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Dollar Stands Tall, Euro and Sterling Down on Recession Worries

Dollar clinched the title of the week’s best performing currency, even though there was just muted impact from Fed Chair Jerome Powell’s remarks at Jackson Hole. While Powell’s renewed commitment to combating inflation prompted traders to elevate their expectations for another rate hike within the year, broader market reactions, notably in equities and bonds, were […] The post Dollar Stands Tall, Euro and Sterling Down on Recession Worries appeared first on Action Forex... Read More

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Content Topics

Dollar

Stands

Tall

Euro

Sterling

Down

Recession

Worries

Forex

Posted: Aug 26 2023, 11:26

Author Name: actionforex

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