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Rabobank: Fed may curb rate-rise bets; dollar likely resilient

Rabobank’s Jane Foley says the Fed could dampen rate-rise expectations at its 1800 GMT decision, with any dollar selloff likely limited even if the Fed raises rates.

DXY

1105 ET - The Federal Reserve could dampen rate-rise expectations in its decision at 1800 GMT, although any dollar selloff is likely to prove limited, Rabobank's Jane Foley says in a note. The Fed should lift rates by 25 basis points but risks are skewed towards the central bank undermining the mar…