The US Dollar Index (DXY) Sinks as Fed Hikes Might be Overcooked. Will USD Recover?

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The US Dollar Index (DXY) Sinks as Fed Hikes Might be Overcooked. Will USD Recover?

The US Dollar gave up some ground today as several Fed speakers threw some cold water on market rate hike expectations. Where to now for the USD?

Source:https://www.dailyfx.com/forex/fundamental/daily_briefing/session_briefing/euro_open/2022/02/02/The-US-Dollar-Index-DXY-Sinks-as-Fed-Hikes-Might-be-Overcooked-Will-USD-Recover.html

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