Dollar drops as investors eye Fed meeting, month-end rebalancing [Reuters]
Toronto Dominion Bank (The) (TD)
Last toronto dominion bank (the) earnings: 2/27 06:30 am
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Source: Reuters
Dollar drops as investors eye Fed meeting, month-end rebalancing NEW YORK (Reuters) - The dollar dropped against a basket of currencies on Tuesday, a day before the Federal Reserve was due to conclude its latest two-day policy meeting and as investors rebalanced portfolios ahead of the end of the month. Investors will be watching to see if the U.S. central bank gives any clues on its likely future path after it responded to the economic devastation of the novel coronavirus outbreak by slashing interest rates, resuming bond-buying and backstopping credit markets. Central bank meetings this week and rebalancing for month-end will make it difficult to read market moves in the coming days, said Mark McCormick, global head of FX strategy at TD Securities in Toronto. “We wouldn’t draw too many conclusions about the state of the currency market over the next few sessions given the mingling of policy and technical drivers,” McCormick said. Month-end rebalancing is negative for the greenback,
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TD
Earnings
- 12/4/25 - Beat
TD
Sec Filings
- 12/5/25 - Form FWP
- 12/5/25 - Form 424B2
- 12/5/25 - Form 424B2
- TD's page on the SEC website