At 12:30 pm ET Wednesday, the US Federal Open Market Committee or FOMC is scheduled to announce its interest rate decision.
Ahead of the announcement, the US dollar showed little changes against major currencies and currently trading near 1.3208 against the euro, 1.6145 versus the British pound, 1.9103 against the Swiss franc and 81.37 versus the Japanese yen.
Meanwhile, the markets will also be paying close attention to today's press conference from Federal Reserve President Ben Bernanke due at 2:15 pm ET.
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Forex News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.