EUR/USD Breaks Down to a Two-Month Low as US Dollar Bulls Charge EUR/USD Breaks Down to a Two-Month Low as US Dollar Bulls Charge
The US dollar is flexing its muscles across the board after Wednesday‘s FOMC meeting showed Fed members signaling at least two interest rate hikes in 2023. Fed chair Jerome Powell also said that inflation ’could turn out to be higher and more persistent than we expect‘ a nod that the recently oft-quoted...