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Dollar Down as Smaller Fed Hike Affirmed, But Downside Potential Limited

Started by PocketOption, Nov 27, 2022, 04:57 am

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PocketOption

Dollar Down as Smaller Fed Hike Affirmed, But Downside Potential Limited

The expectations of a smaller Fed hike in December was affirmed by FOMC minutes last week. Dollar ended as the worst performer, following mild risk-on sentiment. Canadian Dollar was the second worst as dragged down by falling oil prices. Meanwhile, Euro was the third weakest suffering some selloff against Sterling. Talking about the Pound, it’s […]


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