The Dovish U-Turn from the FOMC plunges the Greenback
Published in
4 min readMar 21, 2019
The price movement in the USD Majors said it all. The extremely cautious & dovish tone from the Federal Reserve (U.S Central bank) caused huge losses to the Greenback against its counterparts. While the FOMC was optimistic about the robust job creation & domestic economic growth, external factors like U.S-China trade talks, Brexit uncertainty, and slowing global economy were hanging on the horizon…
