US dollar drops and risk trades rally as Fed dots say no hikes until 2024
Summary
By sueyangfx.com March 17, 2021 at 06:17PM Dollar falls around 40 pips across the board The US dollar has slumped and risk assets are rallying after the FOMC statement and forecasts. The latest dot plot shows 7 of 18 Fed […]
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March 17, 2021 at 06:17PM
Dollar falls around 40 pips across the board
The US dollar has slumped and risk assets are rallying after the FOMC statement and forecasts.
The latest dot plot shows 7 of 18 Fed members forecasting a rate hike (or more) in 2023. That means the majority still see no move higher through that year.