For the first half of this trading week, the dollar has shown weakness as it reached a peak at 97.7.
Although the Fed is expected to raise rate later during the Fed Funds Rate release, the market is also expecting lesser rate hike later in 2019.
The dollar is well expected to drop further to key level 96.4, an important supply zone.
The trend of the dollar will be set by the tone of the FOMC meeting minutes where the market shall reaccess the number of rate hikes in 2019.