Dollar Steady ahead of FOMC, Sterling Weakens on GDP Data

<p><img width="455" height="293" src="https://www.actionforex.com/wp-content/uploads/2020/12/f-gbp159-e1607349667546.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" fetchpriority="high" srcset="https://www.actionforex.com/wp-content/uploads/2020/12/f-gbp159-e1607349667546.jpg 455w, https://www.actionforex.com/wp-content/uploads/2020/12/f-gbp159-e1607349667546-300×193.jpg 300w" sizes="(max-width: 455px) 100vw, 455px" /></p>
<p>The currency markets are currently in a state of anticipation, with Dollar trading within familiar range as investors await FOMC rate decision. The critical question facing the markets is whether Fed will signal the pace of rate cuts in its updated dot plot. In September, the median projection indicated the federal funds rate would remain [&#8230;]</p>
<p>The post <a href="https://www.actionforex.com/action-insight/market-overview/531579-dollar-steady-ahead-of-fomc-sterling-weakens-on-gdp-data/">Dollar Steady ahead of FOMC, Sterling Weakens on GDP Data</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>

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