Fed caution cools USD upside after rate hold
The FOMC left rates unchanged and signalled more caution on further hikes. Despite two hawkish dissenters, the overall tone and recognition of tighter financial conditions point to only one more Fed hike.
Original · FXStreet AI summary of public reporting
Why: Fed caution on hikes → softer USD
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At publication → CurrentEUR1.114 → 1.114+0.0%
JPY157.89 → 157.96+0.0%