Fed Near Neutral Signals Caution Ahead, Shifting Focus to Fixed Income in 2026 
Gold Prices Hold Firm as Markets Await Fed Rate Cut; Silver Surges to Record High 
Hong Kong Cuts Base Rate as HKMA Follows U.S. Federal Reserve Move 
Oil Prices Edge Higher as U.S. Seizes Sanctioned Venezuelan Tanker 
Asian Stocks Slip as Oracle Earnings Miss Sparks AI Profitability Concerns 
Global Forex Markets Brace for Fed Decision as Yen Extends Weakness 
Asian Currencies Hold Steady as Indian Rupee Slides to Record Low on Fed Outlook 
Japan Weighs New Tax Breaks to Boost Corporate Investment Amid Spending Debate 
Brazil Holds Selic Rate at 15% as Inflation Expectations Stay Elevated 
Indonesia–U.S. Tariff Talks Near Completion as Both Sides Push for Year-End Deal 
US Signals Openness to New Trade Deal as Brazil Shows Willingness, Says USTR Greer 
Asian Currencies Steady as Fed Delivers Hawkish Rate Cut; Aussie and Rupee Under Pressure 
Ireland Limits Planned Trade Ban on Israeli Settlements to Goods Only 
Fed Rate Cut Signals Balance Between Inflation and Jobs, Says Mary Daly 
Asian Stocks Rally as Tech Rebounds, China Lags on Nvidia Competition Concerns 
BOJ Expected to Deliver December Rate Hike as Economists See Borrowing Costs Rising Through 2025 
The euro hovered near a one‑month low on Wednesday, recovering slightly after sharp declines earlier this week as investors weighed the impact of the new U.S.–EU trade pact and awaited key policy meetings from the Federal Reserve and the Bank of Japan (BOJ).
The euro rose 0.12% to $1.1558 after touching $1.15185 on Tuesday, its weakest level in a month. Despite gaining 11.7% year‑to‑date, the currency is heading for its first monthly loss in 2025. The dollar index stood at 98.815, close to a one‑month high, supported by investor caution ahead of central bank updates.
The U.S. dollar has regained strength amid a lopsided trade framework between Washington and Brussels, with analysts noting the agreement’s vague terms and limited enforcement. Meanwhile, U.S.–China trade negotiations in Stockholm concluded with a commitment to extend their 90‑day tariff truce, though no breakthroughs were announced.
Market attention is now on the Federal Reserve’s policy decision later Wednesday. The Fed is widely expected to hold interest rates steady, but investors will closely analyze Chair Jerome Powell’s comments for signals on future moves. Speculation is growing that internal dissent from policymakers like Christopher Waller or Michelle Bowman could highlight political pressure from President Donald Trump, who has repeatedly called for rate cuts.
The BOJ is also set to keep rates unchanged, with Governor Kazuo Ueda’s remarks in focus as traders assess whether the recent U.S.–Japan trade deal could pave the way for a rate hike later this year.
Other major currencies were steady, with sterling at $1.3358, the Australian dollar at $0.6517, the offshore yuan at 7.178 per dollar, and the yen firming slightly to 148.20 per dollar.
Global currency markets remain sensitive to trade developments and central bank guidance amid heightened geopolitical uncertainty.
