Fed might turn dovish, but don't expect USD to drop by much

After a more-dovish-than-expected stance from Jerome Powell, questions have arisen the markets: Will there be any rate hikes this year? Is the Fed about to turn the direction of its monetary-tightening policy? Will the US Dollar turn bearish in the coming months? Our stellar panel of chief analysts discusses it in the wake of an interesting Fed meeting and before the release of the second US jobs report of the year, an interesting one as it might show the potential ill-effects of the US government shutdown.

 

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