Dollar Index falls on dovish FOMC

1 4
The US Dollar Index weakened considerably this week, currently trading at 94.80, erasing the initial gains at the start of the week. It was a confluence of both technical and fundamentals as the US Dollar Index retreated off the minor resistance level as the FOMC meeting saw US interest rates staying unchanged at 0.25% - 0.50% while the Fed lowered its projected rate hike and inflation outlook to ...

START TRADING

or practice on DEMO ACCOUNT

Trading CFDs Involves high risk of loss