The minutes of the Suku Bunga policy meeting in September announced by the Federal Reserve on October 10 officially revealed a clear signal of a hawkish stance to the market, sending a new signal of a turnaround in the US dollar cycle to the global market, catching the global market off guard. It also means that the world has been misled by the Federal Reserve's previous dovish stance. The hope of Wall Street betting on aggressive interest rate cuts has been mercilessly extinguished, and the weak US dollar trend has reversed. In addition, the uncertainty of the Israel-Iran conflict has caused the US dollar to rise to a seven-week high against the Keranjang Mata Uang.
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The minutes of the Suku Bunga policy meeting in September announced by the Federal Reserve on October 10 officially revealed a clear signal of a hawkish stance to the market, sending a new signal of a turnaround in the US dollar cycle to the global market, catching the global market off guard. It also means that the world has been misled by the Federal Reserve's previous dovish stance. The hope of Wall Street betting on aggressive interest rate cuts has been mercilessly extinguished, and the weak US dollar trend has reversed. In addition, the uncertainty of the Israel-Iran conflict has caused the US dollar to rise to a seven-week high against the Keranjang Mata Uang.