Market has fully priced in the fed 75 basis point (bp) rate hike, with a 19% chance of a 100 basis point hike and an estimate that rates will peak at around 4.5% in March 2023.

DXY 9th SEPTEMBER 2022

US dollar strengthened after the Federal Open Market Committee (FOMC) meeting where the Fed gave a more hawkish statement to the market
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