Forex Today: US Dollar holds steady ahead of Fed rate decision
Here is what you need to know on Wednesday, September 16:
On Wednesday, September 16, the US Dollar (USD) remained stable at nearly a two-week high of 99.60 during early European trading hours. The benchmark 10-year US Treasury yield noted a peak of 4.992%, marking the highest level since 2007. The Federal Reserve (Fed) was set to disclose its interest rate decision later in the day, followed by a press conference by Fed Chair Kevin Warsh.
The table below displays the percentage change of the USD against major currencies today, with the USD showing the strongest performance against the Canadian Dollar.
Written by urgent.news from FXStreet's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
Also reported by 5 other outlets
- Dow Jones futures tick higher ahead of Fed interest rate decision fxstreet.com
- Asian stocks stutter, rand steady and oil softer as markets brace for US Fed decision iol.co.za
- Japan bond yield curve twist-steepens ahead of Fed decision brecorder.com
- S. Korean won falls to 2-week low ahead of Fed's rate decision en.yna.co.kr
- Stock futures mixed as Fed rate decision takes center stage seekingalpha.com
