US Dollar Index: DXY bears hold the reins near 102.00 ahead of US inflation, Fed Minutes – by anilpanchal7 DollarIndex Fed Inflation RiskAversion Recession
ng streak, the previous day. In doing so, the greenback’s gauge versus the six major currencies portrays the market’s anxiety ahead of the top-tier data/events amid mixed catalysts. for March and the Minutes of the latest Federal Open Market Committee Monetary Policy Meeting are in the spotlight as markets struggle for hawkish Fed signals.
On the other hand, the IMF revised down global real Gross Domestic Product growth forecast for 2023 to 2.8% from 2.9% in January's report. The global lender, however, forecasts 2023 US GDP growth at 1.6% vs 1.4% expected in January.
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