Newsclip®: [Business] Mid-Day Report: Dollar Extends Rally as Markets Await FOMC Minutes - Action Forex

"Mid-Day Report: Dollar Extends Rally as Markets Await FOMC Minutes Dollar extends the broadly based rebound, except versus Sterling, as markets await FOMC minutes. Traders seemed to have finally woken up by a chorus of hawkish Fed officials who noted that June FOMC meeting is a live one. And, rate hike is on the table for discussions. Fed fund futures are pricing in 19% chance of a June hike, comparing to 4% earlier in the week. Dollar index took out last week's high to resuming the rebound fro 91.91 low and is heading to test 95.19 key near term resistance. The Swiss Franc is so far the weakest major currency, together with Japan Yen, in spite of mild risk aversion in the markets. Recovery in commodity currencies are quickly fading though. Forex, Forex Portal, Forex Trading. Forex Trading Recommendation, Forecast, Trading Signal, Forex Training Course, Education, Tutorial, FX Book, Forex ebooks, Learn to Trade Forex, FX Guide, Currency Rates, Forex Secret, Forex Brokers,",

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