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EUR/USD: Life after the May FOMC

Started by PocketOption, May 06, 2022, 05:11 am

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PocketOption

EUR/USD: Life after the May FOMC

The Fed raised interest rates by 50 bps and announced the start of QT on Wednesday as largely expected. Less anticipated were Fed Chair Powell's comments discounting the near-term prospects of hikes greater than 50 bps at future meetings. US 2yr and 10yr yields fell as a result and EUR/USD eventually rose to an eventual […]


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