Morning traders, Powell was hawkish but maybe not hawkish enough? the markets' reaction with USD weakness is a headscratcher BUT there is to say that it hasn't been uncommon in recent FOMCs, recently during previous FOMCs the Dollar tended to weaken right after the event to then change sentiment the day after fading the whole FOMC move, so really wouldn't be surprised if by the end of the day yesterday's USD weakness has been completely faded, there's no reason to be bearish USDs yet
Else, keeping an eye on EURCHF shorts again, the EUR bearish sentiment is likely to continue going forward as long as the gas supply situation remains under threat, will keep you updated with the details on our next EURCHF entry
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