ForexLive European FX news wrap: Pound drops, dollar steady awaiting the Fed ...Middle East

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ForexLive European FX news wrap: Pound drops, dollar steady awaiting the Fed
Fed previews:Welcome to Fed dayFed should not offer strong push back against recent market pricing - CitiFed won't stir the pot but rate cut timeline may be faster than ECB - CommerzbankBofA sees Fed taking the first steps in conveying a dovish hold todayFed could struggle in convincing markets at today's meeting - TDHeadlines:UK October monthly GDP -0.3% vs 0.0% m/m expectedEurozone October industrial production -0.7% vs -0.3% m/m expectedUS MBA mortgage applications w.e. 8 December +7.4% vs +2.8% priorChina November M2 money supply +10.0% vs +10.1% y/y expectedGermany's Scholz says to stick with debt brake for 2024 budgetJapan at a critical stage on whether it can emerge from deflationary

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