As investors wait for the release of the FOMC Interest Rate decision at 1915 this evening, the dollar held its own. Having hit 14 month lows during November, the dollar has rallied against a basket of major currencies through December.
- Consensus amongst analysts is that US interest rates will remain unchanged
- Traders will eye the statement that accompanies tonight's decision, looking for clues as to when rates will eventually be raised
- Australian GDP rose 0.2% in Q3 as the boost from their economic stimulus faded
Major Economic News
FOMC Interest Rate Decision