WATCH: Fed Chair Powell to give post-meeting press conference at 19:30BST/14:30EDT

Context

The upcoming press conference by Fed Chair Powell is critical as it will provide insights into the Fed's monetary policy direction following the recent meeting. Market participants will look for signals regarding future rate changes, which could impact not only the USD but also broader asset classes in Forex and Fixed Income. Given the current economic climate, any hints of hawkish or dovish shifts could lead to significant market reactions.

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