() () () () () () () () () () () () () () () () () () () () () ()

DXY may trade well trade in a tight 104.00-104.85 range before FOMC Minutes – ING

November 17, 2023 by admin 0 Comments

The Dollar has entered a consolidative phase. Economists at ING analyze USD outlook.

Consolidative phase

For today, the focus will be on US housing starts and another batch of Fed speakers. Recent Fed speakers have barely moved the needle on expectations of the Fed policy cycle and instead, it has been the data doing the talking.

Perhaps the next big opportunity for Fed-speak will be the release of the minutes of the 1 November FOMC meeting – minutes released next Tuesday. DXY may trade well trade in a tight 104.00-104.85 range before then.

This article was originally published by Fxstreet.com. Read the original article here.

Name	Last Price	Change	% Change