DXY Outlook

15 thg 12, 2021

The FED is scheduled its last FOMC for the last time by tonight. While tapering is already on the table, traders are looking for a clue on the rate hike plan next year. Market anticipation of hawkish tone during Powell speech later, however, if FED surprise the market with dovish statement, DXY will likely to fall.

97.00 after FOMC tonight or retest at 96.40 ??