US Dollar Tanks on Tilting Fed Rate Hike Guidance Ahead of US GDP. Will USD Recover? - DailyFX


7/27/2022 12:00:00 AM2 years 9 months ago
by Daniel McCarthy

The US Dollar gave up ground today as the Federal Reserve changed tack on future rate move indications, which was interpreted as less hawkish by the market.

US Dollar, USD, EUR/USD, GBP/USD, USD/JPY, Crude Oil - Talking Points

  • The US Dollar snapped lower after the Fed pulled back on hike guarantees
  • APAC equities were slightly stronger de… [+2836 chars]

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