On Wednesday, currencies registered a general increase except for the US dollar, which is wobbling. For its part, the Chinese yuan remained stable ahead of the key Fed meeting.

Le dollar américain wavered on Wednesday, while the yen regained lost ground as investors made last-minute adjustments to their positions before a meeting of monetary policy that should mark the start of a cycle of monetary easing in the United States. The dollar has fallen along with US yields since July and, at $1.125 per euro, it is not far from the year's low of $1.1201, in preparation for a rapid easing of US monetary policy, with more than 100 basis points of

The Australian dollar hit its highest level in two weeks on Wednesday due to bets that the Federal Reserve could launch its easing cycle with significant movement, although this is far from certain and these gains could easily evaporate. The New Zealand dollar rebounded 0.3% to $0.6202, after sliding 0.2% overnight. Both benefitted from bets that the Fed could cut rates by half a point on Wednesday, with futures putting the probability of such a decision at 64%. According to Carol Kong, currency strategist at the Commonwealth Bank of Australia, “the dollar could benefit from a small temporary rise if the FOMC cuts by 25

The rand strengthened on Wednesday ahead of the expected interest rate cut from the US Federal Reserve and inflation data for South Africa. At 702 GMT, the rand traded at 17.5625 against the dollar, about 0.2% firmer than its previous close. The markets are certain that the Fed will cut rates when it announces its policy on Wednesday and the bets are on cutting interest rates by 50 basis points (bps) in the world's largest economy.

Sterling rose against the dollar on Wednesday after UK inflation data reinforced market opinion that the Bank of England will maintain interest rates on Thursday, contrary to the start of the trading cycle relaxation of American policy expected later on Wednesday. Sterling gained 0.49% to $1.3227, a session high, recovering Tuesday's losses

The euro lost 0.25% against the pound, at 84.235 pence.

The Chinese yuan remained stable against the US dollar on Wednesday, as traders returned to work after the Mid-Autumn Festival break and before the Federal Reserve's decision on the key rate.