Forex Top Story

Dollar Posts Strong Gains Against Other Major Currencies

The U.S. dollar climbed higher against major counterparts on Tuesday with traders looking ahead to the Federal Reserve's interest rate decision amid signs of a slowing economy.

The Fed, which will conclude its monetary policy meeting on Wednesday, is widely expected to raise rates by 75 basis points. A section of analysts, however, expect a hike of 100 basis points.

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by RTTNews Staff Writer

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