Powell confirms incoming rate hikes

Source: Dukascopy Bank SA
On Wednesday, the Chairman of the US Federal Reserve confirmed to the US House of Representatives Financial Services Committee that the Fed would hike interest rates in March.
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Wed, 02 Mar 2022 14:44:46 GMT

US Dollar hits high level

During Wednesday's trading hours, the US Dollar index surged, as it hit a new high at 97.83 and approached June 2020 high levels.

Wed, 02 Mar 2022 14:30:06 GMT

Investors cut exposure to Russia

Hedge funds and asset managers announced this week that they would continue to decrease their asset allocations in Russia, as sanctions were set on the country.

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