The post Wobbles around 1.3850 ahead of BoC-Fed policy outcome appeared on BitcoinEthereumNews.com.

The USD/CAD pair trades marginally higher around 1.3850 during the European trading session on Wednesday. The Loonie pair consolidates as investors await the monetary policy by the Bank of Canada (BoC) and the Federal Reserve (Fed), which will be announced later in the day. The BoC is expected to keep interest rates on hold at 2.25% as recent Canadian employment prints have shown signs of strong job creation in the September-November period, following lay-offs in July and August. Meanwhile, the Fed is almost certain to cut the Federal Funds Rate by 25 basis points (bps) to 3.50%-3.75% amid weak United States (US) labor market conditions. The major highlight of the Fed’s policy will be fresh monetary policy guidance for 2026. According to the CME FedWatch tool, there is a 58% chance that the Fed will cut borrowing rates at least two times through October 2026. Ahead of the Fed’s monetary policy, the US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, trades 0.1% lower to near 99.10. US Dollar Price Today The table below shows the percentage change of US Dollar (USD) against listed major currencies today. US Dollar was the weakest against the Swiss Franc. USD EUR GBP JPY CAD AUD NZD CHF USD -0.13% -0.10% -0.05% 0.04% -0.10% -0.05% -0.14% EUR 0.13% 0.03% 0.07% 0.18% 0.02% 0.08% -0.01% GBP 0.10% -0.03% 0.04% 0.14% -0.01% 0.05% -0.04% JPY 0.05% -0.07% -0.04% 0.10% -0.05% -0.01% -0.09% CAD -0.04% -0.18% -0.14% -0.10% -0.14% -0.11% -0.18% AUD 0.10% -0.02% 0.00% 0.05% 0.14% 0.06% -0.03% NZD 0.05% -0.08% -0.05% 0.01% 0.11% -0.06% -0.09% CHF 0.14% 0.01% 0.04% 0.09% 0.18% 0.03% 0.09% The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from…

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Filed under: News - @ December 10, 2025 11:26 am