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US dollar losing some ground in Asia morning trade

Eamonn Sheridan
27/07/2023 | 01:38 GMT

Asian traders are digesting the Federal Open Market Committee (FOMC) rate hike and Powell's press conference:

  • Forexlive Americas FX news wrap 26 Jul: Fed raises rates by 25 bps to 5.5%. 22-year high.

The US dollar lost ground in the aftermath, and is heading back towards those lows.

NZD is an outperformer:

nzdusd update 27 July 2023

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