Fed hawkish lift pushes dollar to seven-week high
The dollar held near a seven-week high after the Fed raised rates and signaled more hikes, with traders shifting focus to expected responses from the BOE and BOJ to inflation pressures.
The dollar held near a seven-week high on Thursday after the Federal Reserve raised interest rates and signaled more hikes in the coming months, with traders now focused on how central banks in the UK and Japan will respond to inflation pressures. The dollar surged alongside US…