US FX WRAP: Dollar gains as traders no longer fully price one 25bps Fed rate cut in 2026

Newsquawk Staff · 12 Mar 2026, 19:50 UTC

US FX WRAP: Dollar gains as traders no longer fully price one 25bps Fed rate cut in 2026.

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US Market Open, 27 Oct, 10:51 UTC · what it led with

An Iranian Ambassador said Iran proposed a seven-day plan to the US and added that Iran seeks to reduce tensions through diplomacy.
Saudi's Ras Tanura refinery was hit by missiles, causing a fire.

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Riksbank maintains its rate at 1.75% as expected; assesses that the probability of a rate increase later this year remains; there is considerable uncertainty and developments call for vigilance
EUR/SEK+0.3%
Norges Bank maintains its rate at 4.25% as expected; may still become necessary to raise the policy rate
EUR/NOK+0.6%
US President Trump expected to remove some tariffs on Canada in a bid to help Senator Susan Collins, WSJ reports.
USD/CAD−0.2%

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