The Traderszone Network

Published in TZ Latest News 17 March, 2017 by The TZ Newswire Staff

Week Ahead: Fed speakers could stop dollar slide

The U.S. dollar is weaker against major currencies across the board after the Fed hiked rates for the third time since the financial crisis but lacked upgrades to the economic projections. A proactive but patient Fed with other central banks standing pat meant the forward looking forex market came away with a less hawkish view on future interest rates and sold the U.S. dollar.