The Fed's hawkish stance revives bullish confidence, with the US dollar strengthening for the second consecutive trading day.
According to China Fortune News APP, after the Federal Reserve released a clear hawkish signal, the US dollar continued to strengthen for the second consecutive trading day, further approaching the phase high point set at the end of March. The market is rapidly betting that the Federal Reserve may start a rate hike cycle as soon as next month, pushing funds back towards US dollar assets.
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