Dollar Dips as Traders Await Fed Meeting; Australian Dollar Gains
The U.S. dollar index dipped as traders weighed oil-driven inflation risks and awaited next week’s Federal Reserve meeting. The Australian dollar gained after hawkish central bank comments.
The US dollar index edged lower on Wednesday as traders assessed renewed inflation risks linked to oil and awaited next week’s Federal Reserve meeting. The Australian dollar advanced after hawkish comments from its central bank. “There’s not really an overarching theme for markets... and I think…