US dollar nosedives following Fed’s ‘dovish’ hike
The US dollar plummeted yesterday in response to a ‘dovish’ 75bps interest rate hike from the Federal Reserve.
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The US dollar plummeted yesterday in response to a ‘dovish’ 75bps interest rate hike from the Federal Reserve.
The pound ticked higher on Monday amid speculation over the Bank of England’s (BoE) next interest rate hike.
The Australian dollar trended broadly higher last week, underpinned by a hawkish Reserve Bank of Australia (RBA).
The US dollar slumped through the first half of last week as USD investors continued to rein in expectations for a 100bps interest rate hike from the
The euro initially ticked higher at the start of last week, bolstered by its negative correlation with the US dollar as the latter weakened.
The pound opened last week on a positive note, with Sterling sentiment being bolstered by speculation the Bank of England (BoE) could raise interest r
The euro was rocked on Thursday as the European Central Bank (ECB) concluded its latest interest rate decision with a surprise 75bps rate hike.
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