Dollar dips as traders await central bank meetings, BOJ expected to end negative rates
From Investing.com:
The dollar dipped as traders await central bank meetings this week. Fed expected to reveal projections for rate cuts. USD Index down 0.12% at 103.35, up 2% this year. Markets pricing in 73 bps of cuts for the year. Focus on Fed’s dot plots on Wednesday. Yen stable at 149.07/dollar. BOJ likely to end negative rates after Japanese firms raise pay. Euro at $1.0904, sterling at $1.2738 ahead of BOE meeting. Aussie central bank to meet Tuesday, expected to hold rates. Australian dollar up at $0.6571. USD down against Swiss franc at 0.8825 amidst speculation of SNB rate cut.
Read more at Investing.com: Dollar dips, yen steady as BOJ policy shift beckons By Reuters
