RSS DXY: FOMC in focus today – OCBC

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 RSS DXY: FOMC in focus today – OCBC

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A 25bp cut is more or less a done deal but the focus is on the refreshed dot plot, which will provide guidance on Fed members’ expectation on rate cut trajectory into 2025 - 26. Dollar Index (DXY) was last seen at 107.00, OCBC’s FX analyst Frances Cheung and Christopher Wong note.
 
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