The U.S. Dollar trades in mixed ranges as the Federal Reserve remains divided on monetary policy, with a December interest rate cut now at a 62.8 percent probability. The U.S. and Russia propose a peace plan for Ukraine, while U.S. companies face a deadline to stop buying Russian crude oil, disrupting 7 percent of the global market. The British Pound is steady after recovering from weak UK data, with the upcoming budget expected to slow inflation and prompt further Bank of England rate cuts. The Japanese Yen outperforms G10 currencies, bolstered by a larger-than-expected fiscal stimulus package, though Bank of Japan intervention talk has minimal market impact. Key events to watch include the UK budget release and developments in U.S.-Russia relations.
