USD stays strong two-week high almost
June 17, 2019 - The U.S Dollar stays strong due to United States retails sales data but anytime it will go down sharply.
That gave some alleviation to the dollar in front of the Federal Reserve's approach meeting this week. While few anticipate that the Fed should cut rates at Wednesday's arrangement survey, brokers are betting that approach producers will do only that in coming months.
The index of USD against the 6 major foreign currencies was changed a bit at 97.509 right after reaching 97.583 and it is the highest since 3rd of June.
That gave some alleviation to the dollar in front of the Federal Reserve's approach meeting this week. While few anticipate that the Fed should cut rates at Wednesday's arrangement survey, brokers are betting that approach producers will do only that in coming months.
The index of USD against the 6 major foreign currencies was changed a bit at 97.509 right after reaching 97.583 and it is the highest since 3rd of June.
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