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EconoTimes

Asia Roundup: Dollar drifts lower ahead of Fed decision, Gold gains, Oil slips - September 16th,2026

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Asia Roundup: Dollar drifts lower ahead of Fed decision, Gold gains, Oil slips - September 16th,2026
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Currencies and commodities were mixed in Asia on September 16, 2026, with the dollar edging lower as traders looked ahead to the Federal Reserve’s policy decision. The Fed is scheduled to announce results at 2 p.m. EDT (1800 GMT) after a two-day meeting, with markets heavily pricing a 25-basis-point hike into a 3.75%-4.00% range and additional tightening signals. The euro was last down 0.07% at $1.1539, with technical levels highlighted around 1.1603 and 1.1516. Separately, Saudi air defences intercepted and destroyed a Houthi drone south of Mecca.

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