Analysis

Dollar Index - At the mercy of the Fed [Video]

Whether the Dollar Index (DXY) extends gains or sees a pull back almost entirely depends on the next week’s Fed rate decision. A 25 bps rate hike is baked-in. The greenback could be offered across the board if the Fed keeps the rates unchanged. More in today’s FXSweep video with inputs from Charlie Gibson, Head of Mining at Edison Research, and Zak Mir, Technical Analyst, Tip TV.

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