Fed Expected to Maintain Rates at 3.50%-3.75% on June 18; USD Index Tests 99.50 Level

USIDX1.02%
According to analysts cited by Jin10, the Federal Reserve is expected to keep interest rates unchanged at 3.50%-3.75% at tomorrow's (June 18) policy meeting, with Federal Reserve Chair Kevin Walsh delivering his first policy press conference. Traders and economists widely anticipate no rate change. The US dollar index DXY at 99.50 is identified as a key technical level that could determine the dollar's near-term and longer-term direction, with potential support or resistance implications for coming sessions.
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