Conviction That Fed Will Cut Rates Tempers Dollar Gains
The dollar’s gains at the start of this year have been modest due to the market’s conviction that the Fed will cut interest rates this year, ING said, adding that the DXY dollar index could trade within a range between 101.90 and 103.10 this week.
The dollar’s gains at the start of this year have been modest due to the market’s conviction that the Fed will cut interest rates this year, ING said, adding that the DXY dollar index could trade within a range between 101.90 and 103.10 this week.
