US Dollar Index steadies near 98.50, all eyes on Fed rate decision

The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, currently trades near 98.65 during Asian trading hours on Wednesday. The DXY holds steady as traders await a closely watched US Federal Reserve (Fed) interest rate decision later on Wednesday.

Read the full article and join the community discussion on Inimzu.