Dollar Hits Two-Week Low as Traders Cut Fed Rate-Rise Odds
The dollar fell to a two-week low against a basket of currencies. Exness strategist Christopher Tahir said traders reduced the odds of a Federal Reserve rate rise on October 28 after some policymakers signalled a need to wait for more clarity.
At 0901 GMT, the dollar extends its decline to a two-week low against a basket of currencies. Traders have lowered the odds of a Federal Reserve rate increase on October 28 after some policymakers signalled that they needed more clarity before acting, Exness strategist Christopher Tahir says in a…