Published: 2026-03-17T19:33:36.000Z
North American Summary and Highlights 17 Mar
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Overview - The USD was slightly softer in subdued trading with Wednesday’s FOMC decision awaited.
European and North American sessions
In a generally subdued session with the Wednesday FOMC decision approaching, the USD saw modest losses, with oil slightly firmer and early gains for equities fading. EUR/USD recovered from a dip below 1.15 to get close to 1.1550 while USD/JPY slipped from near 159.50 to 159. EUR/GBP and EUR/CHF had little direction. AUD/USD advanced from .7060 to .71, but USD/CAD was little changed near 1.37. There was little US data, though February pending home sales rose by 1.8%, slightly stronger than expected.