US dollar firms as investors await Fed interest rate decision
The U.S. dollar was firmer against major currencies on Wednesday as investors awaited the Federal Reserve's monetary policy decision, as well as clues on the trajectory of interest rates this year. The Fed is widely expected to hold interest rates steady at the end of its first policy meeting of the year on Wednesday.
Dollar Is Firm Ahead of Fed Meeting
The dollar strengthened ahead of the Fed meeting, as the central bank is expected to keep a hawkish tone amid uncertainty about the impact of Trump policies on inflation and how the Fed will react.
Stocks diverge, dollar steady before Fed rate decision
Equity markets diverged Wednesday as attention turned away from recent turbulence in tech stocks to the outlook for interest rates, with the Fed and the ECB both holding their first
US dollar firms against peers after Fed holds rates steady
By Chibuike Oguh NEW YORK (Reuters) -The U.S. dollar was firmer against major currencies on Wednesday after the Federal Reserve left interest rates unchanged as widely expected but gave scant clues about further reductions in borrowing costs this year.
Dollar Rises Ahead of Fed Rate Decision
The dollar edged higher ahead of the Fed meeting, and XTB said while the central bank could defy expectations by sounding less cautious about the pace of future rate cuts, any dollar falls were likely to be limited,
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