Story perspectives
Traders Await Fed Speeches Amid Currency Stability
9/22/2025
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Story summary
- The dollar remained steady as traders awaited speeches from Federal Reserve officials following the recent easing cycle.
- Currency movements were subdued after last week's volatility from rate decisions by the Fed, Bank of England, and Bank of Japan.
- The yen fell 0.2% to 148.26 per dollar, and sterling dropped to $1.3453 due to UK public borrowing concerns.
- Fed Chair Jerome Powell and officials will discuss the economy and Fed independence.
- New Fed Governor Miran defended his independent stance after dissenting on a recent rate cut.
