Tuesday, September 25, 2018

Reuters: Dollar slips ahead of widely expected Fed rate hike

From Reuters News:

Dollar slips ahead of widely expected Fed rate hike
http://www.reuters.com/article/us-global-forex/dollar-slips-ahead-of-widely-expected-fed-rate-hike-idUSKCN1M504F

The dollar was slightly weaker on Tuesday ahead of a Federal Reserve meeting that is widely expected to end with an interest rate hike, as investors already have priced in two more rate increases this year and some in 2019, leaving little room for further currency gains.

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Monty Bannerman
ArcStar Energy
Tel: +1 646-402-5076
www.arcstarenergy.com

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