Dollar Continues to Slide as FOMC Minutes Confirm September Rate Cut Likely
Dollar extended its broad decline overnight following release of FOMC minutes, which confirmed that a vast majority of Fed members see a rate cut in September as appropriate. However, the market reaction was relatively muted, as this outcome has already been largely priced in by traders. The real uncertainty centers on the size of the […] The post Dollar Continues to Slide as FOMC Minutes Confirm September Rate Cut Likely appeared first on Action Forex.
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Dollar extended its broad decline overnight following release of FOMC minutes, which confirmed that a vast majority of Fed members see a rate cut in September as appropriate. However, the market reaction was relatively muted, as this outcome has already been largely priced in by traders. The real uncertainty centers on the size of the […]
The post Dollar Continues to Slide as FOMC Minutes Confirm September Rate Cut Likely appeared first on Action Forex.
