Daily Market Updates: US Dollar: Softer tone with shifting rate expectations

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US Dollar: Softer tone with shifting rate expectations – MUFG

Reported · Written up by our desk · Major Pairs

MUFG’s Lee Hardman notes the US Dollar is trading modestly weaker as US housing data disappoints and markets scale back expectations for an October Fed hike. Despite softer housing indicators, MUFG still expects one more Fed rate increase in December.

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FXStreetUS Dollar: Softer tone with shifting rate expectations – MUFG

Forex

US Dollar: Softer tone with shifting rate expectations – MUFG

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