US Dollar Holds Gains, Fed Rhetoric Dampens Rate Cut Expectations
![USD Index image](https://signalsbonanza.com/wp-content/uploads/2024/01/USD-Index.jpg)
The US Dollar (USD) continued its rebound for a second day on Friday, recouping some of the losses incurred earlier in the week. This follows dovish Federal Reserve comments pushing back against market expectations of imminent rate cuts. Reasons for the USD Rebound: Technical Analysis (USD Index – DXY): Outlook: Overall: The USD’s gains might […]