USD exchange rate today September 28: The upward momentum...
The greenback is still expected to continue to rise.
On the world market, the USD Index reached 106,395, up 0.44% at 6:30 a.m. on September 28, Vietnam time.
Experts say that, in the short term, the "hawkish" stance of the US Federal Reserve (Fed) at the recent monetary policy meeting will continue to be a catalyst to push up bond yields and the USD. go to high place.
Although most Fed officials support another rate hike this year, the CME FedWatch tool currently predicts a 74.4% chance the Fed will hold rates again in November and 59.4 % chance of keeping interest rates in the FOMC's final interest rate decision on December 13.
This means predictions are leaning towards the possibility of no further interest rate hikes in 2023.
This week, investors will focus on data on the personal consumption expenditures price index (PCE), the Fed's preferred inflation measure, scheduled to be published on September 29.
On the world market, the USD Index reached 106,395, up 0.44% at 6:30 a.m. on September 28, Vietnam time.
Experts say that, in the short term, the "hawkish" stance of the US Federal Reserve (Fed) at the recent monetary policy meeting will continue to be a catalyst to push up bond yields and the USD. go to high place.
Although most Fed officials support another rate hike this year, the CME FedWatch tool currently predicts a 74.4% chance the Fed will hold rates again in November and 59.4 % chance of keeping interest rates in the FOMC's final interest rate decision on December 13.
This means predictions are leaning towards the possibility of no further interest rate hikes in 2023.
This week, investors will focus on data on the personal consumption expenditures price index (PCE), the Fed's preferred inflation measure, scheduled to be published on September 29.
