Forex Today: US Dollar Surges Amid Fed’s Hawkish Hold in Powell’s Last Meeting

The US Dollar Index (DXY) is trading near the 99.00 price zone on Wednesday after the Federal Reserve (Fed) decided to keep interest rates on hold.

The US Dollar Index (DXY) is trading near the 99.00 price zone on Wednesday after the Federal Reserve (Fed) decided to keep interest rates on hold. This was Chairman Jerome Powell’s last meeting as head of the Fed.