When the DXY Dollar Index dropped to April 2022 levels (99.65) on July 14, many market participants concluded that the best days for the American currency were over. Inflation is nearing target levels, and in order not to suffocate the economy, the Federal Reserve will soon initiate a campaign to ease its monetary policy. However, things aren't that straightforward. After reaching a peak of 1.1275 on Tuesday, July 18, the EUR/USD pair reversed and started to decline.
UK's Hunt: We will start to see results if we stick to our plan to halve inflation fxstreet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fxstreet.com Daily Mail and Mail on Sunday newspapers.