Interest Rates and Fed

Fed: Mixed U.S. economic data combined with volatile global stock markets have convinced some investors that the Fed will refrain from raising interest rates on Thursday. That is bad news for the dollar since increased borrowing costs tend to boost.., according to Wall Street Journal and The dollar notched its sixth consecutive daily decline against the euro and lost ground to other currencies, as investors turn increasingly cautious before the Federal Reserve meeting next week. (news.financializer.com). As reported in the news.