Will The Post FOMC USD Slide Keep Sliding?

We’re seeing the post-FOMC US Dollar selloff finding some form of a bottom as we head into the North American open on Thursday.

We’re seeing the post-FOMC US Dollar selloff finding some form of a bottom as we head into the North American open on Thursday. At this stage, it’s too early to tell if it’s anything more than a breather ahead of a continued unwinding of Dollar long positions in response to the market’s reaction to Fed Chair Powell.

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