RSS Dollar Regains Ground Ahead of FOMC Minutes, Aussie Weakens on RBA Fed Cut Prospects

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 RSS Dollar Regains Ground Ahead of FOMC Minutes, Aussie Weakens on RBA Fed Cut Prospects

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Dollar regained some traction overnight, supported by strong services sector data that bolstered expectations for Fed to hold interest rates steady this month. Fed fund futures now imply a 95% probability of no rate cut in January, up from 90% last week. The upbeat economic performance placed moderate downward pressure on both equities and bonds, […]

The post Dollar Regains Ground Ahead of FOMC Minutes, Aussie Weakens on RBA Fed Cut Prospects appeared first on Action Forex.
 
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