US Dollar Outlook: Volatility Hints at an Uneventful Fed Meeting
Summary
By sueyangfx.com April 27, 2021 at 11:36PM The broader US Dollar has been beaten up recently with bears erasing roughly two-thirds of gains notched during Q1. FX volatility suggests this trend may persist as the Fed echoes its dovish message.
More On DailyFX - Market News
- US Dollar Price Action: Hawkish Powell and Potential Month-End USD Buying
- British Pound Falls, US Dollar Soars on Fed. Will Boris Johnson Issues Drag GBP/USD?
- British Pound Falls, US Dollar Soars on Fed. Will Boris Johnson Issues Drag GBP/USD?
- Gold Price Crumbles After Hawkish Fed Boosted US Dollar. Where to for XAU/USD?
- Supportive USD Fundamentals and DXY Setup Ahead of FOMC
April 27, 2021 at 11:36PM
The broader US Dollar has been beaten up recently with bears erasing roughly two-thirds of gains notched during Q1. FX volatility suggests this trend may persist as the Fed echoes its dovish message.