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Hawkish Fed Spurs Dollar and Yield Surge, SNB and BoE Next
Fed’s decisively hawkish stance overnight propelled both Dollar and yields upwards, albeit dampening the stock market. Majority of FOMC members maintained projections of another interest rate hike within the year, with a tempered pace of rate cuts anticipated for the forthcoming year. Fed’s message resounded in the markets as we witnessed a significant leap in […] The post Hawkish Fed Spurs Dollar and Yield Surge, SNB and BoE Next appeared first on Action Forex...
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Posted: Sep 21 2023, 06:00
Author Name: actionforex
Views: 112524