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Powell wraps up Day 1 of testimony. Dollar near the highs

Powell wraps up Day 1 of testimony. Dollar near the highs

Day 1 of Powell's testimony is done and stocks along with the dollar are at the extremes of the day. There's always the risk of a retracement after the event.

The market is pricing in a 54% of 50 bps at the next meeting with 46% at 25 bps.

This article was written by Adam Button at www.forexlive.com... Read More
Posted: Mar 7 2023, 17:23
Author Name: forexlive
Views: 110859

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