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Technical Outlook: Dollar Weakens On Less Hawkish Fed https:// | FXTM Forex Market News

Technical Outlook: Dollar Weakens On Less Hawkish Fed
https://www.forextime.com/market-analysis/technical-outlook-dollar-weakens-less-hawkish-fed

Technical Outlook: Dollar Weakens On Less Hawkish Fed

Lukman.Otunuga…

Thu, 07/28/2022 - 11:14

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Earlier in the week, we questioned whether another jumbo Fed rate hike would be enough to satisfy dollar bulls. Well, we got our answer yesterday evening after the Federal Reserve raised interest rates by 75bps for the second straight month to tame inflation.