USD review: Western Union
Wednesday, March 18, 2015 4:51 PM UTC
- The dollar was largely steady ahead of a day that could prove explosive and highly volatile for currency markets. It's Decision Day for the Fed and what the bank suggests about the outlook and timing of a U.S. interest rate hike could make a winner or loser of the dollar today.
- Longer term, however, the dollar should hold up reasonably well as American central bank policy and economic fundamentals look better placed than other major economies.