Dollar soars, stocks sink after Powell hints Fed will move faster on rates
Episode 4 min 31s

Dollar soars, stocks sink after Powell hints Fed will move faster on rates

Send us Fan Mail Powell makes a further hawkish pivot, signals end of era of highly accommodative policy. Yields and dollar jump, but stocks are battered, upbeat earnings offer some support. Kiwi biggest FX loser even as strong CPI fuels RBNZ rate hike bets. Risk Warning: 75.59% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Please consider our Risk Disclosure: https://www.xm...

Community discussion