US Dollar Index Outlook: Dollar Gains Traction on More Hawkish than Expected Fed

The dollar index rose in early Thursday as the greenback regained traction after more hawkish than expected Fed. The central bank did deliver a 50 basis points rate hike, as widely expected, but Chief Powell, in his post-meeting comments disappointed many who expected further slowdown in pace of policy tightening, in improved environment on encouraging […]

The post US Dollar Index Outlook: Dollar Gains Traction on More Hawkish than Expected Fed appeared first on Action Forex.