The Federal Reserve bank of the United States today will make an announcement about a possible interest rate hike. It would be the latest in a long list of such actions that have been taken over the past year.
This could lead to investors losing enthusiasm, which can have a negative economic impact on the US economy.
However, the US Dollar has remained strong, and when looking at this morning's chart analysts across the world are predicting that the interest rates in the United States may once again be increased.
It is therefore understandable that the US Dollar could lose value quickly, despite being very strong against major currencies this year.
However, the reality is very different. The US Dollar has made only a slight decline against its major peers.
The British Pound was trading in the London session at 1.23 against USD this morning.
Because central banks all over the world have been increasing interest rates. It is widely believed that this week’s combined central banks from many key countries with developed…
