Somrat4030
Member
The dollar has strengthened noticeably, although nothing new has happened.
The Fed and its promises to start reducing its stimulus program trigger the movement in the market. Everything largely depends on the market sentiment and new comments on the upcoming tapering. Comments by Jerome Powell have made investors take a ride on an emotional rollercoaster, but he changed market expectations and nothing more. Currently, the dollar accumulates volumes after Powell's words about reducing the purchase of bonds in the near future.
What do you think about it?
The Fed and its promises to start reducing its stimulus program trigger the movement in the market. Everything largely depends on the market sentiment and new comments on the upcoming tapering. Comments by Jerome Powell have made investors take a ride on an emotional rollercoaster, but he changed market expectations and nothing more. Currently, the dollar accumulates volumes after Powell's words about reducing the purchase of bonds in the near future.
What do you think about it?
