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The U.S. Dollar starts the week weaker as markets await the Federal Reserve's decision on Wednesday, with speculation about a potential "hawkish cut" of 25 basis points. Global central banks are also in focus, with the Bank of Canada expected to cut rates to 2.5 percent, the Bank of England likely holding steady at 4.0 percent, and the Bank of Japan concluding the week. The Pound is at its highest against the Dollar since July, while the Canadian economy shows signs of contraction. This week’s central bank decisions and their tone will shape market sentiment heading into Q4.
