Markets The Fed kept the policy rate unchanged yesterday at 5.25-5.5%. The new statement featured some important changes compared to the June one, which are seen as paving the way towards a first, September rate cut. It noted that there was some further progress of inflation, which they now label as “somewhat” elevated, while striking […]
The post Dollar Trades Remarkably Resilient Given Risk On and Yield Drop appeared first on Action Forex.