Dollar Could Resume Rising on Prospect of Future Fed Tightening
Trade Nation’s David Morrison says the dollar’s decline could be short-lived if the Federal Reserve tightens further. Investors appear to expect the Fed to leave rates unchanged on October 28, the report says.
The dollar's falls could prove short-lived given the prospect of further tightening by the Federal Reserve, Trade Nation's David Morrison says in a note. The dollar is weaker as investors seem convinced the Fed will leave rates unchanged on October 28 after some policymakers recently signalled no r…