Forex Top Story

Dollar Stays Weak Ahead Of Fed Policy

The U.S. dollar exhibited weakness on Tuesday, extending recent declines, amid concerns about the economy and on speculation that the Federal Reserve will continue to maintain a dovish policy stance.

The Fed is widely expected to hold interest rates unchanged tomorrow and it is being speculated that the central bank will scale back their projection of rate hikes this year from two to one or perhaps even none, due to growing risks from slowing growth and trade conflicts.

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by RTTNews Staff Writer

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