Expectations of rate cuts rise, the US dollar is under pressure and faces a critical week

Columns：Forex insights and analysis author：BTCZXW time：2024-09-16 20:38:25

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Expectations of rate cuts are rising, and the dollar is under pressure, which is about to start a critical week in global markets. As the possibility of a 50 basis point rate cut by the Federal Reserve increases, the US dollar index has fallen to 100.7. Reduced liquidity and increased geopolitical risks have increased market volatility this week.

The Fed's interest rate decision will directly affect the direction of the US dollar. As we look forward to the release of the interest rate decision, traders need to pay close attention to a number of central bank policy decisions, including the actions of the Bank of England and the Bank of Japan.

Regardless of how the market changes, the assessment of the economic outlook and policy statements will be key. Please stay tuned and witness the upcoming important moments with us!

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