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US dollar firmer as investor focus shifts to Fed

From reuters.com

The dollar firmed against most major counterparts on Friday as investor focus shifted to an expected U.S. interest rate hike next week, although gains are likely to be capped on greater uncertainty about next year’s policy outlook. The greenback found broad support as the euro and pound came under pressure, after downbeat comments from the European Central Bank president about the outlook for the euro zone and renewed concerns about a hard Brexit. Market participants are now turning their attention away from immediate global trade issues to the Federal Reserve’s Dec. 18-19 meeting. The Fed is widely expected to raise ... (full story)

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  • Category: Fundamental Analysis