# Dollar in Fed’s cross hairs, struggles near one-week low as rates signal awaited | Forex Trading Blog: News, Analysis & Trading Guides | FXCC

> The dollar traded near one-week lows ahead of the Fed decision as traders bet the central bank would slow tightening. An overnight oil plunge and weak Chinese and eurozone data added to global growth concerns.

- Date: 2018-12-19 · published 2018-12-19T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/61497-dollar-in-fed-s-cross-hairs-struggles-near-one-week-low-as-rates-signal-awaited
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

A weaker dollar and deteriorating global growth expectations are mixed for commodities, with lower oil prices pressuring energy-linked feed costs.

## Read by commodity

- DXY: bearish ▼
- WTI: bearish ▼

## Sources

- blog.fxcc.com: https://blog.fxcc.com/dollar-in-feds-cross-hairs-struggles-near-one-week-low-as-rates-signal-awaited

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