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US Dollar Steady Ahead of Federal Reserve MeetingSingapore, 3 Dec 2025 (ONA) — The US dollar held steady today as investors shifted their focus to other currencies, amid growing expectations that potential US interest rate cuts next year could pressure the greenback. The Australian dollar touched its highest level in three weeks at $0.6576 during morning trading before easing slightly after GDP data came in a bit lower than expected. The euro was traded at $1.1629 in early Asian session trading. The Japanese yen held steady at 155.70 per dollar, with expectations rising for an interest rate hike this month, unlike the United States, where markets are 85% confident that the Federal Reserve will cut rates next week. The British pound remained stable at $1.3222, as did the Swiss franc at $0.8022, while the New Zealand dollar hovered around $0.5730.— Ends/Khalid
