Market Overview

U.S. Dollar Index Steady Ahead Of FOMC

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The September U.S. Dollar Index is trading steady Wednesday morning ahead of the Federal Reserve's Open Market Committee's rate decision due out at 2:00 p.m. ET. The September Dollar Index is trading at 96.75, down 0.10.

Market chatter about possible comments from the U.S. Federal Reserve this afternoon has kept both buyers and sellers active in a rangebound fashion. The National Association of Realtors is scheduled to release Pending Home Sales for June at 10:00 a.m. ET. On Thursday initial Jobless Claims, Continuing Claims and U.S. GDP data for the second quarter are due out at 8:30 a.m. ET.

 

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