Major currencies hold relatively muted to start the session ...Middle East

Both pairs are seeing the near-term bias switch back to favour sellers but things are looking calmer at least to start the new week. The change among dollar pairs so far today is light, with less than 0.1% across the board.

As things stand, traders are pricing in ~44 bps of rate cuts by year-end. As such, any major softness in the dollar and dovish pricing will be more limited with nearly two 25 bps rate cuts already priced for October and December.

That's one that could lead to something a bit more interesting at least in the FX space during the course of this week.

This article was written by Justin Low at investinglive.com.

Hence then, the article about major currencies hold relatively muted to start the session was published today ( Monday 22/09/2025 - 09:53 AM ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

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