The dollar remained near an 11-week high due to U.S. election uncertainty and a resilient economy. Meanwhile, China’s press conference on its property sector is awaited. The Australian dollar fell to a one-month low. The euro and sterling were also weak as markets eye decisions from major central banks.
Fed’s Jefferson urges patience on rates; Kashkari sees more hikes ahead
Federal Reserve Vice Chair Philip Jefferson stated that he sees no immediate need for further interest rate adjustments. He emphasized that future decisions would depend
October 1, 2026