The start of a monetary tightening cycle—rather than a single rate hike—is not the only factor behind the decline in the EUR/USD. Kevin Warsh has also helped restore confidence in the US dollar and US Treasuries.
The start of a monetary tightening cycle—rather than a single rate hike—is not the only factor behind the decline in the EUR/USD.
Kevin Warsh has also helped restore confidence in the US dollar and US Treasuries.
Major Takeaways The Fed has raised the federal funds rate for the first time since 2023.
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The start of a monetary tightening cycle—rather than a single rate hike—is not the only factor behind the decline in the EUR/USD. Kevin Warsh has also helped restore confidence in the US dollar and US Treasuries. Major Takeaways The Fed has raised the federal funds rate for the first time since 2023.
The market views this as the start of a cycle of monetary tightening. The central bank's decisive action has restored confidence in the dollar. Short trades can be considered with targets of 1.1400 and 1.1300.
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