Fed

Jerome Powell's statement lifted the USD against most major currencies. However, the US Dollar Index rally stalled this morning.

The focus of market participants this week has shifted from US economic data to statements made by Federal Reserve officials.

The statements of three top officials from The Fed indicate a strong commitment to maintaining the current interest rates.

The Vice Chair of the Federal Reserve emphasizes the need to consider higher bond yields in future interest rate decisions.

Euro is increasingly under pressure due to today's Fed interest rate announcement, but the prospects for EUR/USD ahead remain diverse.

The Fed's interest rate announcement aligned with expectations, but market participants doubted the prospects. As a result, the US dollar weakened.

The Fed interest rate announcement didn't surprise most traders. But, the scale of the increase in future projections was surprising.

Neel Kashkari said that The Fed may need to raise interest rates to over 6 percent to achieve the inflation target.

Out of 116 economists, 75 predict that the Federal Reserve's interest rates will remain current until 2023.

The statement of Fed Chairman Jerome Powell carries two critical signals that have a bullish impact on the US dollar.