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DXY, EUR/USD, GBP/USD and USD/MXN Forecasts – Fed Day Drives Next Move

By: 
Christopher Lewis

The US dollar continues to be in focus on Wednesday, especially as the Federal Reserve will have its latest interest rate decision.

DXY Technical Analysis

DXY daily candlestick chart. Source: TradingView
DXY daily candlestick chart. Source: TradingView

The US dollar index is a chart I’m watching and will be watching all day because we have a Federal Reserve interest rate decision at the end of the session in New York. The reality is this is a day when you don’t necessarily have to trade so keep that in mind as I go through what I think will be worth watching.