Dollar Defies Increasing Rate Cut Expectations, Gains Ground on Risk-Off Sentiment

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<p>Dollar rises broadly on risk-off sentiment today, as as Hong Kong stocks led the region lower. The greenback’s strength comes despite growing calls for Fed to initiate policy loosening earlier. Notably, Goldman Sachs has joined this chorus, predicting an initial rate cut as early as March and a total of five cuts throughout the year. […]</p>
<p>The post <a href="https://www.actionforex.com/action-insight/market-overview/535406-dollar-defies-increasing-rate-cut-expectations-gains-ground-on-risk-off-sentiment/">Dollar Defies Increasing Rate Cut Expectations, Gains Ground on Risk-Off Sentiment</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>

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