Forex Today: Stocks Slide on More Hawkish Fed Comments

Get DailyForex analysis to your emailIncreased expectations of higher US interest rates are pushing stock markets lower.

is now close to breaking below its 200-day moving average. If the breakdown is completed, this will suggest the nascent bull market is overThe Fed’s hawkish expressions are also pushing up US Treasury Yields, with the 2-Year trading above 4.9% at a 15-year high and looking likely to rise higher still over coming days.

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