# Dollar supported before Fed meeting, Brexit delay in focus - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

> The dollar traded near its highest in over two months against the yen ahead of the Fed meeting, where a third rate cut was expected. Sterling was weaker as the UK Brexit deadline was pushed to January 31.

- Date: 2019-10-28 · published 2019-10-28T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/56818-dollar-supported-before-fed-meeting-brexit-delay-in-focus-sabc-news-breaking
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

Fed policy expectations and currency moves shape dollar strength, which affects commodity prices, but this report describes positioning rather than a new commodity-specific shock.

## Sources

- sabcnews.com: https://www.sabcnews.com/sabcnews/dollar-supported-before-fed-meeting-brexit-delay-in-focus/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.