Dollar Edges Higher Ahead of FOMC Minutes; Commodity Currencies Continue to Struggle
Dollar is broadly stronger today, though the momentum behind the move is not particularly robust. Markets are awaiting insights from several Fed officials and the release of September FOMC minutes later in the US session. While Fed’s direction on monetary easing is well understood, the pace of future rate cuts remains uncertain and is unlikely […] The post Dollar Edges Higher Ahead of FOMC Minutes; Commodity Currencies Continue to Struggle appeared first on Action Forex.
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Dollar is broadly stronger today, though the momentum behind the move is not particularly robust. Markets are awaiting insights from several Fed officials and the release of September FOMC minutes later in the US session. While Fed’s direction on monetary easing is well understood, the pace of future rate cuts remains uncertain and is unlikely […]
The post Dollar Edges Higher Ahead of FOMC Minutes; Commodity Currencies Continue to Struggle appeared first on Action Forex.
