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  • Dollar Drifts Lower Ahead of FOMC Decisions
    FX Empire8 hours ago

    Dollar Drifts Lower Ahead of FOMC Decisions

    The U.S. Dollar drifted lower against a basket of currencies on Tuesday ahead of several key pronouncements from the Federal Open Market Committee on Wednesday. The FOMC is expected to deliver its decision on interest rates, issue its monetary policy statement and release its economic projections. December U.S. Dollar Index futures settled at 91.635, down … Continue reading Dollar Drifts Lower Ahead of FOMC Decisions

  • Fed Starts Monetary Policy Meeting, Trump Speaks to UN
    FX Empire9 hours ago

    Fed Starts Monetary Policy Meeting, Trump Speaks to UN

    On Tuesday, the U.S. Federal Reserve began its two-day monetary policy meeting, but during the trading session financial market traders shifted their focus to the United Nations, where U.S. President Donald Trump tried to encourage members to confront threats from rogue nations like North Korea. In a speech before the United Nations General Assembly, Trump … Continue reading Fed Starts Monetary Policy Meeting, Trump Speaks to UN

  • Dow Jones Notches Sixth-Straight Record High
    InvestorPlace9 hours ago

    Dow Jones Notches Sixth-Straight Record High

    U.S. equities finished mixed on Tuesday as investors looked ahead to the conclusion of the Federal Reserve’s two-day policy meeting on Wednesday expected to feature the start of “quantitative tightening” — the process by which its bloated $4.4 trillion balance sheet will be rolled back.