Major US stock indexes closed lower overnight, after FOMC minutes revealed Fed might be hesitance to lower interest rates soon. Notably, the likelihood of a March interest rate cut, as inferred from Fed funds futures, dipped below the 70% market following the release of the minutes. Dollar, however, is encountering challenges in gaining further momentum […]
The post Investors Tread Carefully Following FOMC Minutes, Awaiting Key US Job Reports appeared first on Action Forex.