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fxJul 29, 2026, 11:17 AM

US Dollar Vulnerable Despite Expected Hawkish Fed Hold

The US dollar stands at a critical juncture as markets brace for a hawkish Federal Reserve rate hold, with the greenback appearing vulnerable.

DXY

Ahead of the upcoming FOMC decision, the U.S. dollar is facing a pivotal moment. The Federal Reserve is widely expected to keep interest rates unchanged while maintaining a hawkish tone, yet the dollar's resilience is in question.

Source: FXStreet Forex News