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The U.S. Dollar weakened after the Federal Reserve cut interest rates, with Chairman Jerome Powell expressing concerns about labor market constraints while downplaying inflation. The Fed remains divided on future rate cuts, and economists are split on whether the decision was « hawkish » due to upgraded growth projections for 2026. Initial Jobless Claims rose, adding pressure on the Dollar, with a 24.4 percent chance of another rate cut in January. The Euro is nearing a key high, supported by ECB policy divergence, though weak regional performance may limit gains. Meanwhile, the Canadian Dollar hit its strongest level since September, buoyed by robust economic growth and labor strength, with no rate cuts expected in January.