Danger lurks in uncertain inflation outlook: How currencies navigate choppy waters
In this episode, we discuss the recent volatility in financial markets due to a number of major economic data releases and central bank announcements. The Federal Reserve delivered a hawkish pause, hinting at the possibility of raising interest rates on two more occasions in 2023, while the European Central Bank raised rates yet again and indicated that another rate increase is on the way in July. Despite these hawkish stances, the dollar sold off across the board, leaving the hosts to consider why this underperformance occurred.We’d like to hear from you! Provide us with feedback so we can improve the podcast: https://linktr.ee/fxtalk Liked this show? Please leave us a review here – even one sentence helps!