18 June 2019 : Where the Dollar concludes this week will be heavily influenced by the outcome of the Federal Reserve policy meeting scheduled over the next two days.

While it is widely expected that US interest rates will be left unchanged this month, investors should not be quick to label this policy meeting as a non-event. Markets will be closely scrutinizing the meeting for confirmation of an interest rate cut occurring as early as next month. Should the Federal Reserve disappoint those expectations, or create a frenzy by not offering any hints about upcoming action to be taken in spite of persistent global headwinds, King Dollar should make a return and will look to shoot to the moon. 

Reporting for EasyKobo on Tuesday , 18 June 2019 in Lagos, Nigeria

Source: Lukman Otunuga, Research Analyst at FXTM