Dollar Could Benefit Slightly if Fed Opts For 25 Basis-Point Rate Cut

The Fed is likely to cut interest rates by 25 basis points next week as opposed to a 50bp move, which would be positive for the dollar but only marginally, Unicredit Research said. The dollar fell.

The Fed is likely to cut interest rates by 25 basis points next week as opposed to a 50bp move, which would be positive for the dollar but only marginally, Unicredit Research said. The dollar fell.