Market News
FX edges up as markets await Fed rate decision - REUTERS
BUDAPEST, Dec 10 (Reuters) - Central European currencies were a touch stronger on Wednesday as markets eyed the U.S. Federal Reserve's interest rate decision later in the day and awaited remarks from Fed Chair Jerome Powell for policy clues.
The U.S. dollar dropped slightly, with investors expecting a cut after one of the most fractious policy debates in years.
The Polish zloty firmed 0.1% to trade at 4.2250 per euro.
"The EUR/PLN exchange rate has been consistently trading within a narrow range of 4.2150–4.2350, awaiting new impulses," analysts at ING Bank Slaski wrote in a note.
