US Dollar Index spikes as Fed flags sticky inflation and Crude Oil uncertainty
The US Dollar Index (DXY) was nearly flat on the day but saw a sharp, decisive move in the final hours, with a vertical rally following the Federal Reserve's (Fed) interest rate decision and Chair Jerome Powell's press conference that carried the index straight to its session highs.
The US Dollar Index (DXY) was nearly flat on the day but saw a sharp, decisive move in the final hours, with a vertical rally following the Federal Reserve's (Fed) interest rate decision and Chair Jerome Powell's press conference that carried the index straight to its session highs.
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