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US dollar falls as Fed holds rates, signals dovish tilt: Currencies Direct

By Public Technologies
  • The US dollar declined as the Federal Reserve held rates with a slightly dovish tilt, prompting reduced bets on a December hike.
  • Sterling struggled following the UK Autumn Budget as the Office for Budget Responsibility sharply downgraded its 2027 UK growth forecast.
  • The euro recovered from multi-month lows as French bond yields eased, though weaker German consumer confidence limited gains.
  • The Canadian dollar strengthened against weaker rivals as the Bank of Canada raised interest rates to 2.5%, as expected.


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