Highlights from the FOMC statementThe Fed leaves the key overnight interest rate unchanged in the 3.50%-3.75% range, says it will deliver price stability. US Dollar Price Today The table below shows the percentage change of US Dollar (USD) against listed major currencies today. The US Federal Reserve is seen leaving the policy rate unchanged for the fifth consecutive meeting in July. Markets widely expect the Federal Open Market Committee (FOMC) to keep interest rates unchanged in the range of 3.5%-3.75% for the fifth consecutive meeting in July. However, OCBC cautions that “a decision to leave rates unchanged with little explanation could be interpreted as dovish and create confusion about the Fed's reaction function.”