The risk-off is in full swing following FOMC Jerome Powell speech, who mentioned that they are planning to get interest rates “expeditiously” to neutral. Powell acknowledged that 50 basis points rate hikes will be on the table at the upcoming meetings. US yields are again ticking higher/US notes lower while the USD is up sharply […]
The post EUR/USD Resumes Weakness after Hawkish Powell’s Comments appeared first on Action Forex.
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