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Geopolitical tensions with Iran keep oil prices elevated, boosting the US dollar and pressuring EURUSD lower amid hawkish rate expectations and market uncertainty.
GBPUSD weakened near $1.35 despite strong UK economic data, pressured by continued US dollar strength amid Fed's hawkish tone and rate hike uncertainty.
Bitcoin steadies after recent gains amid expectations of a 25-basis-point Fed rate cut, though investor caution prevails due to internal Fed disagreements over future cuts.
Dollar gains as Fed minutes dampen December rate cut hopes; GBPUSD falls to two-week low, yen weakens near 10-month lows amid stimulus uncertainties.
EUR/USD price hovers around key technical levels ahead of the Federal Reserve meeting, with no significant directional signal as traders await Fed cues.
Yen weakens on doubts over Japan's fiscal stimulus, euro falls amid French political uncertainty, and the dollar strengthens on hawkish Fed signals, while Bitcoin declines nearly 2%.