With another 25 basis points under their belt, the Federal Reserve's not so subtle hints that they are still thinking about a quarter point rate hike in March has dollar bulls elated.
In the daily currency technicals, the euro tests offers below 1.2200, the Japanese yen bounces in tight range, and the British pound struggles to keep 1.7800.
The dollar sold off significant today ahead of the Federal Reserve’s interest rate decision, but recuperated nearly of its losses after the announcement.
Copyright 2026 Tiger Shark Publishing LLC . All rights reserved.
It should not be assumed that the methods, techniques, or indicators presented on these websites will be profitable or that they will not result in losses. Past results are not necessarily indicative of future results. Examples presented on these websites are for educational purposes only. These set-ups are not solicitations of any order to buy or sell. The authors, Tiger Shark Publishing LLC, and all affiliates assume no responsibility for your trading results. There is a high degree of risk in trading.