Fed Statement Boosts US Dollar, Powell's March Rate Cut Unlikely

1 min read
Source: ForexLive
Fed Statement Boosts US Dollar, Powell's March Rate Cut Unlikely
Photo: ForexLive
TL;DR

The US dollar has risen following the FOMC statement, with attention now shifting to Federal Reserve Chair Jerome Powell. Foreign exchange trading carries high risk and may not be suitable for all investors, and FOREXLIVE™ provides market information for informational purposes only, not as investment advice.

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