The dollar is strong against a basket of currencies this morning, benefitting from its safe haven status due to shares plummeting in Chinese property company Evergrande.
However, the main event for the greenback this week will be the Federal Reserve’s monetary policy meeting, which will conclude on Wednesday. The Fed is expected to stick to its plans for tapering this year and isn’t expected to reveal any further details or a timeline.
Any surprises from the meeting could impact the dollar. Strong consumer sentiment and retail figures for August could be alluded to by officials.
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