The US Dollar did an about face on recent gains as the Fed raised rates by 0.50% but ruled out more aggressive moves. Will the DXY index ascension resume?
Germany’s DAX 40 index has been caught up in swings of global risk sentiment as concerns of Chinese slowdown weigh on markets ahead of next week’s Fed meeting.
The US Dollar was further boosted after Federal Reserve Chair Jerome Powell made it clear that a 50 basis-point hike is coming in May. Will USD uptrend continue?