BREAKING: USD muted as FED lifts interest rates by 0,75%

7:03 PM 15 June 2022

The Federal Open Market Committee (FOMC) has just announced its latest monetary policy decision. The US central bank lifted interest rates by 0.75 bp as widely expected.  Decision sparked moderate reaction on the indices and the dollar. Stocks are gaining,  US currency weakens slighlty. 

EURUSD saw a relatively small reaction to today’s release. The most popular currency pair continued to trade around 1.0400 level. Source: xStation5

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