RSS Dollar Awaits Fed Clarity on Easing, Sterling Shrugs Strong Inflation Data

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 RSS Dollar Awaits Fed Clarity on Easing, Sterling Shrugs Strong Inflation Data

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Dollar has strengthened against commodity currencies this week but remains range-bound against Euro and Pound, as markets await Fed’s rate decision to gauge the next move. While a 25bps rate cut is fully expected in with no chance of deviation, the focus is on how hawkish Fed’s messaging will be. Key questions include the likelihood […]

The post Dollar Awaits Fed Clarity on Easing, Sterling Shrugs Strong Inflation Data appeared first on Action Forex.
 
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