NY foreign exchange market: The dollar edged up slightly, awaiting the policy decisions of major central banks.

December 17, 2024, 7:06 AM GMT+9 (excerpt).

In the late New York foreign exchange market, the US dollar slightly rose against major currencies. Investors are monitoring the interest rate decisions of major central banks such as the Federal Reserve, the Bank of Japan, and the Bank of England this week.
According to CME's FedWatch, the market sees a nearly 97% chance of a 0.25% rate cut at the Federal Open Market Committee (FOMC) on the 17th-18th.
The dollar rose 0.16% against the Swiss Franc to 0.8945 Swiss Francs, reaching its highest level since July.
The dollar/yen rose 0.31% to 154.12 yen. It temporarily rose to 154.480 yen, the highest level since November 26. Media outlets like Reuters reported a high likelihood of the Bank of Japan keeping interest rates unchanged at the policy decision meeting on 18th-19th. Subsequently, the yen has been on a declining trend against the dollar.
Amid volatile trading, the Euro rose 0.07% to 1.0509 dollars.