Dollar sinks as Hilsenrath delivers a dose of the obvious

Author: Adam Button | Category: Central Banks

Author: Adam Button

The latest dollar selloff comes on this piece of insight from the WSJ Fedwatcher:

The Federal Reserve is on track to keep its $85 billion-a-month bond-buying program in place at its policy meeting next week.

Taking quick read through the article, there are some dovish talking points. He says the Fed could signal rates will stay closer to zero for longer by lowering the threshold for rate hikes to around 6.0% from 6.5%.