US February ISM Services PMI Preview: Will it influence Fed rate hike bets?

European Session HOT STORY US February ISM Services PMI Preview: Will it influence Fed rate hike bets?   The US Dollar's poor performance in the last quarter of 2022 continued into the new year and the US Dollar Index (DXY) registered losses for the fourth straight month in January. Following the upbeat January jobs report and hot inflation figures, however, the currency regathered strength and the DXY gained nearly 3% in February.   Markets are pricing in a 30% probability of a 50 bps Fed hike in March. MORE STORIES Will Gold buyers recapture critical 21 DMA hurdle?   Dogecoin price has more than 10% to crash thanks to these whales dumping DOGE     TRADER'S RESOURCES Have a question about markets? TOP analysts will answer you. Forex, Stocks, Cryptos, Commodities! Join our VIP traders community and tap into the analysts to resolve any questions related to your trades, market moves, anything! Benefit from direct access to all insights and signals. And the best of all!: Meet like-minded people that speak the same trading language as you. Don't trade alone! BUY NOW Download our official app   Find us on Telegram @forexnews     If you liked this and you would like to follow us for more news and analysis, join us on social media                  Manage your subscriptions  ·  Unsubscribe from FXStreet newsletters   FXStreet Newsletter does not constitute a solicitation for the purpose of buying or selling in the foreign exchange market. Although the information contained in FXStreet Newsletter comes from trusted sources, FXStreet is not responsible for guaranteeing the accuracy, timeliness, completeness or fitness of such sources. © 2023 "FXStreet. The Forex Market" All Rights Reserved. FOREXSTREET, S.L. - Portaferrissa 7, 1r 2a Barcelona 08002 Catalonia - Spain. You are receiving this email because you have specifically consented to it by checking the corresponding box when registering on our website. In FXSTREET we do not like receiving spam, so if you want, you can cancel your subscription or send us an email to privacy@fxstreet.com This message has been sent to you by FOREXSTREET S.L., a company registered in Barcelona, ​​in Volume 33351, Folio 135, Sheet B230633, with Tax Identification Number B62498233.