Forex News: 16/06/2023 – Dollar falls on soft data, euro rallies after ECB

Investors defy Fed, expecting rates to peak soon. ECB appears hawkish, lifts the euro. BoJ maintains loose policy, hurts the yen. Wall Street rallies on hopes Fed hiking cycle is ending.

0:00 Intro
0:17 US dollar and Fed
1:25 ECB and euro
2:27 BoJ and yen
2:39 Wall Street
3:00 Events ahead

For more information on the topics discussed in this video, including detailed charts and tables, read the full Daily Market Comment article:

https://www.xm.com/research/analysis/marketComment/xm/daily-market-comment-dollar-falls-on-soft-data-euro-rallies-after-ecb-181260

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