Fed meeting news awaits and Asian central banks stand pat - it's time for your FX Fix.
Expectations of easing by the Federal Reserve sent the
New Zealand, Indonesia, the Philippines, and, surprisingly, South Korea, all elected to keep interest rates unchanged ahead of the upcoming Fed announcement. [CNBC]
The Australian and New Zealand dollars hovered close to multi-week highs ahead of a possible easing move by the Federal Reserve. [CNBC]
Concerns over industrial and political unrest in South Africa are sparking a selloff in the South African rand. [WSJ
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