US Dollar Index sets to test 107.00 ahead of Fed commentary and key economic catalysts – by Sagar_Dua24 DollarIndex Fed GDP Employment Inflation
Fed Powell’s speech will provide cues about interest rate guidance for the December meeting.The US Dollar Index
S&P500 remained subdued on Tuesday as investors are expected to make informed decision post the Fed Powell’s speech. Contrary, the 10-year US Treasury yields remained extremely firmer on the belief that the slowdown concept in the rate hike pace is still under observation and yet to be confirmed.Nervousness in the global markets is highly expected as the speech from Fed chair Jerome Powell will determine the further road to terminal rates.
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