Dollar Falls Back After FOMC Results Have a Dovish Tint
The dollar index (DXY00 ) traded higher in the morning but fell after the FOMC outcome, ending the day -0.22% lower. The FOMC left its federal funds rate target unchanged at 3.75-4.00% by a vote of 10-2, with two FOMC members (Cook and Hammack) dissenting and favoring a rate hike....
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