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USD review: Western Union

The dollar was largely steady ahead of a day that could prove explosive and highly volatile for currency markets. It's Decision Day for the Fed and what the bank suggests about the outlook and timing of a U.S. interest r…

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EconoTimes — Reading the Times. Understanding the Future.

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  • The dollar was largely steady ahead of a day that could prove explosive and highly volatile for currency markets. It's Decision Day for the Fed and what the bank suggests about the outlook and timing of a U.S. interest rate hike could make a winner or loser of the dollar today. 

  • Longer term, however, the dollar should hold up reasonably well as American central bank policy and economic fundamentals look better placed than other major economies. 

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