FOMC decision not likely to be a game-changer for USD - HSBC

The HSBC analysts offer their reaction to Wednesday’s US Federal Reserve Open Market Committee (FOMC) hawkish rate cut decision.
Key Quotes:
“FOMC decision not likely to prove a game-changer for the US dollar.
USD 'remains a "high yield" play.
Will likely continue to capitalize on its yield advantage.”
Author

Dhwani Mehta
FXStreet
Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

















