REUTERSThe US dollar hovered close to a one-week low versus major peers on Wednesday ahead of a widely expected interest rate cut from the Federal Reserve later in the day. "The interest is in the guidance provided by (Fed) Chairperson Jerome Powell at his press conference," said Kyle Rodda, an analyst at Capital.com. "A lot of dovishness is baked into the curve, with a cut in December almost fully discounted," he said. Takaichi, viewed as a fiscal and monetary dove, has asked the BOJ to maintain an easy monetary environment, but has said the conduct of monetary policy is up to the central bank. The European Central Bank also decides policy on Thursday, and is expected to leave rates unchanged.


Source:   bd News24
October 29, 2025 04:57 UTC