NewsCase StudiesEvents

Dollar falls as Fed signals end of rate hikes

Also in the news...

Trade with Liechtenstein

How you import from and export to Liechtenstein

UK trade with the United States: Impact of tariffs on imports and exports of goods

A closer look at the goods the UK trades with the United States in the context of trade tariffs.

Simplified rates for bringing personal goods into the UK

Find out about the simplified rates of customs and excise duty used when you declare your personal goods online.

London-to-Accra economic growth summit ushers in new era of economic and investment agenda

The British High Commission in Accra, in partnership with the Bank of Ghana, will host the inaugural London-to-Accra Economic Growth Summit on 6 January 2026.

Overcoming Logistics Challenges in International Projects

International industrial projects promise opportunity, but also bring complications. For project leaders, engineers and logistics professionals, the question isn’t whether challenges will arise, but how they’ll be managed. From variable infrastructure to customs compliance, successful delivery across borders requires foresight, flexibility and the right partners.

Dollar falls as Fed signals end of rate hikes

Back to News

There was big move in USD across the board yesterday as US Federal Reserve Chairman, Jerome Powell reset expectations of domestic monetary policy

At a speech at The Economic Club of New York, Powell painted a rosy picture of the current economic situation however stated that interest rates were “just below the range of estimates of that level that would be neutral for the economy that is neither speeding up or slowing down growth.” Although a hike in December is all but assured it appears the Fed is ready to pause hiking sooner than was previously expected. Markets now predict two hikes for next year instead of three with one hike being a 50/50 shot. The dovish statement saw the greenback dumped, likely to the pleasure of US President Donald Trump. USD/JPY has fallen from 114 to close to 113 and EUR/USD has bolted from around 1.1275 to make a play for the 1.14 handle. The Dollar Index which measures USD against a basket of other currencies fell from 97.5 to around 96.7. This evening sees the latest Federal Open Market Committee minutes released so there is the potential for further losses should this also carry a dovish tone


You are not logged in!

Please login or register to ask our experts a question.

Login now or register.