US Dollar Price Forecast: DXY to Slide Lower Ahead of FOMC Rate Decision 2021-04-26 07:00:00 Daniel Moss, Analyst US Dollar Index, DXY, FOMC, US Q1 GDP, US 10-Year Treasury Yields – Talking Points: Equity markets lost ground during APAC trade as investors look towards a series of US corporate earnings releases. The FOMC’s dovish stance may limit the US Dollar’s upside against its major counterparts. US Dollar Index (DXY) poised to slide lower as prices challenge key range support. Asia-Pacific Recap Equity markets slid lower during Asia-Pacific trade ahead of a slew of significant corporate earnings releases out of the US and the upcoming FOMC interest rate decision. Australia’s ASX 200 (-0.21%), China’s CSI 300 (-0.82%) and Hong Kong’s Hang Seng Index (-0.22%) all lost ground, while Japan’s Nikkei 225 crept marginally higher.