USD upside capped as Fed pause looms – Commerzbank
Commerzbank notes the US Dollar faces limited short-term upside as markets await next week’s Federal Reserve and ECB meetings. A December Fed rate hike is priced in, but no further tightening is expected.
Original · FXStreet AI summary of public reporting
Why: Fed pause expectation caps USD → supports EUR
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At publication → CurrentEUR1.123 → 1.123+0.0%
JPY158.07 → 158.02−0.0%