Dollar Strength Now Hinges on Fed Speakers and PMI Data

U.S. dollar strength held all week as the Federal Reserve signaled more rate hikes while the Bank of England and Bank of Japan disappointed. Fiona Cincotta, StoneX Senior Market Analyst, breaks down what moved currencies, stocks and bond yields across a week of three central bank decisions. The Federal Reserve raised rates by 25 basis points and signaled further tightening, with almost every policymaker backing at least one more move this year. Stocks dipped then recovered, Treasury yields fell, and the Bank of Japan hiked to its highest policy setting in 31 years while the Bank of England held again. Fed speakers, U.S. PMI data and the prices paid component now come into focus. Discover Actionable Insights with the latest Market Outlook Reports: https://intel.stonex.com/offer?language=en&campaignId=A908C315-DC62-4F35-AC16-870BB71E84D1&utm_source=youtube&utm_medium=social&utm_campaign=sxtv_guest_fiona_cincotta&utm_content=share 00:00 - Dollar Out in Front All Week 00:28 - A Hawkish Fed Calmed Stocks 01:01 - Bank of England Stands Still 01:40 - Yen Sinks Despite a Rate Hike 02:28 - Fed Speakers and PMI in Focus 04:41 - Trump and Xi Talk Trade Next Like and subscribe for more financial market insights. #Forex #StoneX #FionaCincotta #FederalReserve --------- Like this video? Subscribe and turn on notifications so you don't miss any videos from StoneX: https://www.youtube.com/@stonex_official Visit https://www.stonex.com/en/insights/thought-leadership/?utm_source=youtube&utm_medium=social for insights, perspectives and thought leadership from StoneX's global network of experts. Visit our website: https://www.stonex.com?utm_source=youtube&utm_medium=social