EUR/USD Loses 0.15%, GBP/USD Loses 0.35%, USD/JPY Gains 0.35%! You Hawkish Fed! Dollar Strengthens!

The US Has Again Benefited From Military Conflicts In Other Parts Of The World, The Capital From Europe And Other Regions Goes To The US

Yesterday we were following forex pairs with dollars. Everybody follows dollar index (DXY) to check market’s reaction to Fed rhetoric which is verbalised by Jerome Powell (Chairman) again. Next rate hikes are highly expected.

EUR/USD Chart

EUR/USD Loses 0.15%, GBP/USD Loses 0.35%, USD/JPY Gains 0.35%! You Hawkish Fed! Dollar Strengthens!  - 1

GBP/USD Chart

EUR/USD Loses 0.15%, GBP/USD Loses 0.35%, USD/JPY Gains 0.35%! You Hawkish Fed! Dollar Strengthens!  - 2

USD/JPY Chart

EUR/USD Loses 0.15%, GBP/USD Loses 0.35%, USD/JPY Gains 0.35%! You Hawkish Fed! Dollar Strengthens!  - 3

USD/PLN Chart - exotic pair has gained this time, dollar seems to feel better

EUR/USD Loses 0.15%, GBP/USD Loses 0.35%, USD/JPY Gains 0.35%! You Hawkish Fed! Dollar Strengthens!  - 4

Source/Data: Investing.com, Goldman Sachs, TradingView.com

The US Has Again Benefited From Military Conflicts In Other Parts Of The World, The Capital From Europe And Other Regions Goes To The US

Mikołaj Marcinowski

Business Development Manager FXMAG

Journalist, finance passionate