Market Overview

U.S. Dollar Index Lower Ahead of Data and FOMC

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The September U.S. Dollar Index is trading at 97.16, down 0.16.

The U.S. dollar index is trading lower, chatter about U.S. Federal Reserve monetary policy has kept both buyers and sellers active in a narrow range.

The U.S. Federal Reserve Federal Open Market Committee (FOMC) is scheduled to announce if there is any change to monetary policy and release a statement Wednesday at 2:00 p.m. ET. Ahead of the Fed statement, the census bureau is scheduled to release durable goods orders at 8:30 a.m. ET and the National Association of Realtors (NAR) pending home sales figures are due out at 10:00 a.m. ET.

Posted-In: U.S. Dollar IndexFutures Forex Markets

 

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