Hawkish Fed lifts dollar to seven-week high as focus turn to BOJ
The Federal Reserve raised interest rates and signaled more hikes in coming months, lifting the dollar to a seven-week high. The hawkish stance of new Fed chief Kevin Warsh surprised markets, leading to a re-pricing of policy and ultimately pushing the dollar higher. The dollar's strength caused the euro to reach a seven-week low and the yen to hover near a two-week low, as markets await decisions from the Bank of England and the Bank of Japan.
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- Euro weakens to near 1.1450 as Fed raises rate for first time in three years fxstreet.com
- Hawkish Fed lifts dollar to seven-week high as focus turn to BOJ channelnewsasia.com
- Hawkish Fed lifts dollar to seven-week high as focus turn to BOJ freemalaysiatoday.com
- Hawkish Fed lifts dollar to seven-week high as focus turn to BOJ brecorder.com
- Hawkish Fed lifts dollar to seven-week high as focus turn to BOJ nst.com.my
- IMF downgrades Australian economic forecast amid fears of interest rate hike theguardian.com
- BOJ faces higher bar to support yen after Fed’s hawkish hike japantimes.co.jp
- Australian dollar crushed as Fed fails Warshach test macrobusiness.com.au
