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Dollar Surges in Full Risk-Off Markets, Sentiment Destroyed by Fed Powell

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Investor sentiment was basically destroyed by more hawkish than expected Fed Chair Jerome Powell. US stocks reversed earlier gains and closed mixed. But futures are already pointing to a gap down open today. Major Asia indexes are trading in deep red. Markets are now expecting as many as five rate hikes this year starting March. […]
The post Dollar Surges in Full Risk-Off Markets, Sentiment Destroyed by Fed Powell appeared first on Action Forex.

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