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Dollar Rallies on Hawkish Fed Cut, 3 More Rate Decisions Ahead
Daily FX Market Roundup Sept 18, 2019
Kathy Lien
For the second time this year, the Federal Reserve lowered interest rates by 25bp to a range of 1.75% to 2%. This widely anticipated move failed to hurt the dollar, which ended the...
Why is the Dollar So Strong Ahead of a Rate Cut?
Daily FX Market Roundup Sept 17, 2019
Kathy Lien
Tomorrow's Federal Reserve monetary policy announcement is the biggest event risk of the week and while the central bank is widely expected to lower interest rates for the second time this year...
Investors Nervous Ahead of FOMC
Daily FX Market Roundup Sept 16, 2019
Kathy Lien
There are four central bank monetary policy announcements on the calendar this week but the Federal Reserve's is hands down the most important. On Friday we talked at length about what to expect for FOMC and...