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Scotiabank

June 17, 2026

Daily FX Update

Daily UpdateFXRates Govt Bonds

Currency markets are exhibiting minimal volatility while awaiting the FOMC rate decision. Investors are closely watching Fed Chair Warsh for signals on future policy communication and the outlook for the 'dots' forecast process.

Key Takeaways

  • 1.Currency markets remain in a narrow range ahead of the FOMC policy decision.
  • 2.Market focus is on Fed Chair Warsh's communication style and potential changes to the FOMC's dot plot projections.

Table of Contents

  • Overview
  • Markets Idle, Awaiting FOMC

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