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Dip in the Dollar Takes a Breather with Fed in Focus

Investors expect hawkish holds from the Federal Reserve, European Central Bank and Bank of Japan as the dollar steadies and major currencies stay rangebound.

SINGAPORE: A downdraft in the dollar took a pause on Thursday as investors began hunkering down ahead of a slew of central bank meetings next week, where hawkish holds are expected on interest rates ​in Japan, the US and Europe. The currency market is long the dollar on the assumption the ‌AI boom keeps the US economy humming and that strong growth supports interest rates staying higher for longer. Recent gains for sterling and currencies in Can…

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London Loves Business broke the news on Wednesday, October 21, 2026.
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