Whilst the FOMC minutes helped lift the dollar and Wall Street on the day, but we’re not convinced the dollar low is in just yet. The USD was broadly higher overnight as the FOMC minutes confirmed the Fed will hike rates by 50-bps at their June and July meetings. Wall Street also closed higher as […]
The post FOMC Minutes Confirm 50bps Hikes in June and July (USD/JPY, GBP/USD) appeared first on Action Forex.
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The Japanese yen is steady on Friday, after gaining 2% over the past three days. In the European session, USD/JPY is trading at 145.52, down 0.09% on the day. Japan’s economy shrinks for first time Read more…
The New Zealand dollar is in positive territory on Friday. In the European session, NZD/USD is trading at 0.5906, up 0.54% on the day. New Zealand inflation expectations rise New Zealand’s two-year inflation expectations climbed Read more…