| Time | Country | Event | Period | Previous value | Forecast | Actual |
|---|
| 05:00 | Japan | Leading Economic Index | November | 101.5 | | 103.2 |
| 05:00 | Japan | Coincident Index | November | 89.8 | | 92.8 |
| 07:45 | France | Consumer confidence | January | 100 | 98 | 99 |
During today's Asian trading, the US dollar rose slightly against major currencies, as investors are preparing for the announcement of the results of the meeting of the Federal Reserve System (Fed).
The Fed's rate decision will be announced at 19:00 GMT, and a press conference by Fed Chairman Jerome Powell will be held at 19:30 GMT.
According to analysts, the Fed may signal to the markets that it is ready to start raising interest rates in March. This will be the first rate hike since 2018. In addition, the Fed may make it clear that it is considering other policy tightening options to combat rising inflation.
Experts note that traders are taking a cautious position before the Fed meeting. As inflation remains high and commodity prices are going up, investors fear that the Fed will start tightening policy sooner and faster than expected.
The ICE index, which tracks the dynamics of the dollar against six currencies (euro, swiss franc, yen, canadian dollar, pound sterling and swedish krona) rose by 0.09%.