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

US Dollar Weakens After the Fed’s Decision to Raise Rates
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 […] The post US Dollar Weakens After the Fed’s Decision to Raise Rates appeared first on Action Forex... Read More
Posted: Jul 27 2023, 08:08
Author Name: actionforex
Views: 111647

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