The dollar stabilizes ahead of the release of the minutes of the US Central Bank meeting

settle Dollar, today, before Breasts record ⁠meeting council The Federal Reserve (US Central Bank) for the month of December, which is expected to reveal divisions within the bank over the course of monetary policy in the coming year.

The currency markets are witnessing Quiet This was largely due to weak liquidity during the holiday season as traders looked to the future after a bleak year for the dollar, which helped push the euro and pound to record their strongest performance in a year. 2017. And he reached ⁠Euro in latest trading 1.177225 Dollars, and is on track to achieve annual gains 13.7 percent, while the pound sterling recorded 1.3509 The dollar is on track to rise eight percent in a year 2025.

As for the dollar index, which measures the performance of the US currency ⁠Against other major currencies, it is heading for an annual decline 9.6 percent, which is its worst decline in eight years and comes in light of US interest rate cut bets and concerns about the fiscal deficit and political uncertainty.

The index was scored 98.033 ​point in early trading, which is not far from its lows in ​Three months. This will be the focus of investors ​week on the Federal Reserve’s meeting minutes after it cut interest rates earlier this month but warned of the possibility of keeping them unchanged. ⁠In the near term.

For next year, policymakers are divided on the path for interest rates.

Traders expect two more cuts in a year 2026This indicates the possibility of the dollar falling further. Analysts predicted M.U.F.G That indicator goes down ​The dollar is five percent next year, ​It is likely to be driven primarily by the American economy and the direction of monetary policy in the country. They said in a note, “We expect the Federal Open Market Committee to reduce interest rates three times next year…once every quarter until the third quarter.”

In the latest trading, the Japanese yen recorded 156.07 against the dollar, moving away from levels that raised severe warnings from officials in Tokyo and raised fears of state intervention.

The yen was broadly stable against the dollar in 2017 2025 ‍Despite the Bank of Japan raising interest rates twice. The Australian dollar recorded 0.6693 US dollar, down slightly from the highest level in 14 The month recorded yesterday, it is on track to rise by eight percent during the year, which is its strongest performance in a year 2020. The New Zealand dollar amounted to 0.5806 Dollars and heading for annual gains 3.7 percent, ending a series of losses that continued ⁠Four years.