Institution: If the Federal Reserve Does Not Hint at Continuous Rate Cuts, the Dollar May Rise

BlockBeats News, September 17th, Monex Europe analysts stated in a report that if the Federal Reserve does not hint at further rate cuts at Wednesday's meeting, the US dollar could see a temporary uptick. The institution indicated that it continues to expect the Fed to kick off a sustained easing cycle, but whether the FOMC is ready to strongly endorse such a rate path remains to be seen. If the Fed's guidance is cautious, the dollar may extend its current modest gains. However, any upside should be temporary as the Fed may underscore softness in the labor market. (FXStreet)