US Greenback & VIX Advance Following the Fed
US DOLLAR FORECAST: USD PRICE ACTION STRENGTHENS, VIX INDEX CLIMBS POST-FED DECISION & POWELL PRESSER
- US Dollar good points floor following the newest FOMC determination and Fed Chair Powell presser
- S&P 500 VIX Index edges greater as threat aversion takes maintain and sends shares sliding decrease
- GBP/USD worth motion offers again good points whereas the Aussie-Greenback drops into damaging territory
The US Greenback appears to complete Wednesday’s buying and selling session greater within the wake of the September 2020 FOMC decision. USD worth motion has been on a roller-coaster experience over the past 24-hours with the Dollar gyrating and inflicting major currency pairs to whipsaw. The US Greenback strengthened broadly on the Asia session open however rapidly surrendered these good points buying and selling progressed. Because the scheduled Fed announcement approached, nevertheless, the DXY Index based mostly across the 92.80-price stage.