The US Fed kept the interest rate at the level of 1.2%. Meanwhile, it was noted that the US economy is growing slowly, the inflation has not reached the target level of 2% yet, the labor market is stable. This information slightly disappointed investors. According to the FedWatch futures, the probability of the Fed rate hike in the current year fell less than 50%. The US dollar index dropped for the third consecutive week amid this news.
Source: Market analysis