Bearish Idea:
In the Wake of FOMC meeting on march 22, 2023. USD weaken and DXY slipped beneath the 103 level at the aftermath of FOMC meeting, where the FED lifted a 25bps interest rate hike, as expected but dropped its reference to ongoing increases in the target range and maintain its terminal rate view.
In the Wake of FOMC meeting on march 22, 2023. USD weaken and DXY slipped beneath the 103 level at the aftermath of FOMC meeting, where the FED lifted a 25bps interest rate hike, as expected but dropped its reference to ongoing increases in the target range and maintain its terminal rate view.