American dollar starts the day with an upward trend.
The rise of the dollar is supported by figures showing that underlying inflationary pressures remain high in the American Union, which suggests that the Federal Reserve (Fed) will maintain an aggressive stance on monetary policy.
If so, it is expected that the central bank raises interest rates by 75 basis points. Fed’s final decision will be published next Wednesday, November 2, the day for which it is scheduled penultimate monetary policy meeting of the year.
Along with the following moves by the US Federal Reserve, markets are also closely watching the release of economic activity for the third quarterwhich will be published during the week.
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Dollar price today, October 31: Exchange rate in Honduras, Mexico, Guatemala, Nicaragua…
we share you What is the US dollar today, Monday, October 31, in Mexico and parts of Central America, according to the latest update Investing.com, a well-known financial site with a large global influence.