Dollar struggles ahead of last Fed decision of 2018; commodity currencies crash
The U.S. dollar was struggling for direction on Tuesday, ahead of the impending Federal Reserve policy decision and as global stocks staged a tepid rebound from a multisession skid.
While the dollar benefited from haven flows during times of market stress before, this week doesn’t show the same pattern. Market participants are also awaiting Wednesday’s Federal Reserve monetary policy decision, at which a 25 basis point interest rate increase is expected.
...
https://www.marketwatch.com/story/dollar...2018-12-18
The U.S. dollar was struggling for direction on Tuesday, ahead of the impending Federal Reserve policy decision and as global stocks staged a tepid rebound from a multisession skid.
While the dollar benefited from haven flows during times of market stress before, this week doesn’t show the same pattern. Market participants are also awaiting Wednesday’s Federal Reserve monetary policy decision, at which a 25 basis point interest rate increase is expected.
...
https://www.marketwatch.com/story/dollar...2018-12-18
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