Slowing Global growth comments from Fed cause dollar to slide

Comments cause doubt about Fed's tightening path

The emphasis we have seen on global growth slowing from Fed's Clarida today which come on the back of the Fed's chair, Jerome Powell's comments on slowing global growth from Wednesday mean the message is coming through clearly. The fed's hiking path may slow alongside global growth.

Since the comments Tthe dollar has fallen across the board and the dollar index has retreated well away from the key 97.00 daily level. If the US China trade war lingers on then the slowing Global growth is going to bite some more. The Fed are now hinting at feeling some of those affects .