facebookWith news of a possible rate hike by the Fed to be announced next week, will the Dollar increase in value? Should i convert my money to USD before or after the announcement? - Seedly

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With news of a possible rate hike by the Fed to be announced next week, will the Dollar increase in value? Should i convert my money to USD before or after the announcement?

USD

Discussion (7)

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Jeff Yeo

24 Sep 2018

amateur Social contributor at School of social sharing

difficult to say

flip a coin

It can go either way. Unless have a view on the fomc outcome, it's a coin flip to convert before or after.

Jason Sing

23 Sep 2018

School Of Hard Knocks And Life at School Of Hard Knocks And Life

With an increase in interest rate, US dollar should gain strength against the Sing dollar after a we...

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