Dollar Little Changed After Fed Holds Rates as Expected
The dollar was unmoved after the Fed held rates steady. Two FOMC members dissented in favor of a hike; the decision was widely expected.
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The dollar was unmoved after the Fed held rates steady. Two FOMC members dissented in favor of a hike; the decision was widely expected.
The U.S. dollar was mostly flat against major currencies after the Fed held rates steady as expected. The New Zealand dollar fell sharply after its central bank unexpectedly left rates unchanged.
The US Dollar Index remained little changed at 102.3 on Wednesday after the Federal Reserve kept interest rates unchanged, reaffirming its commitment to bringing inflation under control. However, policymakers offered no clear indication that another rate hike could be on the table at their next meeting in December. The
East West Bancorp reported record Q3 2026 revenue, net interest income and diluted EPS. It raised full-year net interest income growth guidance to 9–10% and lowered its full-year net charge-off guidance.
State Street reported third-quarter 2026 EPS of $3.69, up 33% year over year, and total revenue of $4 billion, up 13%. The company also reported record assets under custody and administration of $59.2 trillion and assets under management of $6.3 trillion.
BlackRock reported third-quarter 2026 revenue of $7.8 billion, up 19% year over year, and $205 billion in net inflows. Adjusted operating margin reached 47.8%, up 320 basis points year over year.
Kenanga economists expect the dollar to trade between 4.08 and 4.10 ringgit next week, with risks tilted toward further ringgit weakness. They said U.S. inflation data, Fed rate expectations, Malaysia’s Budget 2027 and geopolitical risks may influence the pair.
Most Asian currencies were little changed against the dollar as investors waited for U.S. data, including the University of Michigan preliminary consumer sentiment reading. Traders were also watching Treasury yields and comments from Federal Reserve officials for clues on the policy outlook.
On Thursday, Gen Digital (NASDAQ: GEN ) discussed first-quarter financial results during its earnings call. The full transcript is provided below. This transcript is brought to you APIs. For real-time access to our entire catalog, please visit for a consultation. The full earnings call is available at Summary Gen Digit
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EXECUTIVE SUMMARY * TRUMP HAILS IRAN TALKS EVEN AS TEHRAN SETS 'FIRM POSITIONS': #0244e48b-2945-4b3b-8085-728a924ddf38 * ZELENSKY ASKS TRUMP FOR WINTER ARMS PACKAGE, EXPECTS ENERGY-CEASEFIRE PUSH: WSJ: #cddd3044-ae77-4efa-9233-fb28b1e6f368 * NAGEL SAYS 'VIGILANT' ECB MAY NEED MILDLY RESTRICTIVE RATES: #13be4029-5b8c-40
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