Today’s report: USD Recovers On Hawkish Rhetoric Post FOMC
Most of the price action in FX over the past 24 hours has been heavily influenced by hawkish comments from Fed Bullard and Lockhart. Bullard has said there is a ‘powerful case’ for the Fed to hike this year, while Lockhart also believes it is appropriate for the Fed to initiate liftoff in 2015. read report