{
  "id": 17025675,
  "title": "Asian currencies mixed as dollar steadies after Fed hold, PCE eyed",
  "url": "https://urgent.news/2026/10/29/asian-currencies-mixed-as-dollar-steadies-after-fed-hold-pce-eyed",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-29T06:59:30.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/forex-news/asian-currencies-mixed-as-dollar-steadies-after-fed-hold-pce-eyed-4981446"
  },
  "original_language": "en",
  "account": "The U.S. dollar index remained relatively stable at 102.17 following the Federal Reserve's decision to keep its policy rate unchanged at 3.75%-4.00%. The euro and sterling showed minimal movement. The USD/JPY pair experienced a slight decline of 0.1% to 157.76, suggesting the yen gained slight strength against the dollar. The Australian dollar held steady near $0.7055, after a 1.7% drop to $0.5585 earlier due to the Reserve Bank of New Zealand's surprising decision to maintain its official cash rate at 2.75%. Similarly, the New Zealand dollar hovered around $0.5622, after its sharp decline. The Australian economy demonstrated strong growth, as the quarterly inflation data reported a rise of 1.3% in consumer prices for the third quarter, compared to 0.6% in the preceding quarter. Reserve Bank of Australia Governor Michele Bullock indicated that the central bank would evaluate the effectiveness of the four rate hikes implemented this year during the upcoming policy meeting. Meanwhile, the South Korean won strengthened against the U.S. dollar, as the USD/KRW pair slipped by 0.6% to 1,333.51. Markets await further clues on interest rates from September's personal consumption expenditures price index and the European Central Bank's policy announcement, with the latter widely anticipated to keep its deposit rate unchanged at 2.50%.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}