28 JUL 11:14
Technical Outlook: Dollar Weakens On Less Hawkish Fed
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.
20 JUL 14:41
Mid-Week Technical Outlook: G10 Currencies Smile As Dollar Weakens
The past few days have been rough for the dollar. It has weakened against every single G10 currency this week as investors cut bets on how aggressive the Federal Reserve may be when raising interest rates in July.