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via fxstreet.comEconomy

Forex today: no surprises expected from the Fed as the dollar hits two-week highs

FROM THE WIRE · FXSTREET.COM

The US Dollar (USD) has added to Monday’s optimism, advancing to the area of fresh two-week highs on the back of mixed US Treasury yields and the continuation of the pre-Fed cautious stance in the global markets.

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishThe dollar strengthens ahead of the Fed meeting, an event that can move currency markets.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01The US dollar gained in the session, approaching two-week highs.
  2. 02US Treasury yields are mixed.
  3. 03Global markets maintain a cautious stance ahead of the Fed.

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