The US Dollar hit a fresh 2022 high ahead of the Federal Reserve interest rate announcement, with the DXY index hitting 105.78 before trimming gains and finishing lower on the week. A volatile geopolitical landscape, volatility in equity markets, and the threat of persistent inflation have aided the Greenback’s climb over the last several months. The chance for a pullback in geopolitical tensions appears untenable at the current moment, given the raging conflict in Ukraine. However, markets may reassess the Dollar’s position over the coming week as traders gauge market health and recession odds. The FOMC’s ... (full story)