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Dollar pauses ahead of Fed decision
The US dollar stabilized today, Thursday, following its recent decline, amid investor anticipation of upcoming monetary policy decisions from the Federal Reserve and global events. Expectations suggest that the Fed is likely to keep interest rates unchanged while maintaining a hawkish tone, supported by forecasts of continued robust economic growth in the United States driven by the AI boom. Meanwhile, major currencies such as the British pound, the New Zealand dollar, and the Australian dollar reached their highest levels against the dollar. Tensions persist in European markets due to the worsening financial situation in France and rising government bond yields, while the euro and Japanese yen remained within narrow ranges amid potential market interventions.
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