RSS Dollar to Pause for Consolidation After Failing to Break Euro Resistance Post-Fed

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 RSS Dollar to Pause for Consolidation After Failing to Break Euro Resistance Post-Fed

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The financial markets were jolted by Fed’s hawkish rate cut last week, sending ripples across stocks, bonds, currencies, precious metals, and even cryptocurrencies. Fed’s indication of prolonged restrictive monetary policy fueled risk aversion, pushing Dollar to end the week as the strongest performer in the currency markets, supported by surging yields and elevated Fed expectations. […]

The post Dollar to Pause for Consolidation After Failing to Break Euro Resistance Post-Fed appeared first on Action Forex.
 
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