Early Asia - FX Update

·         Federal Reserve ready to slow rate cuts, or even stop, after this week.

·         Dollar edges higher against major peers as investors eye Fed rate cut

·         Asia FX edges lower with dollar near 3-wk high, China data underwhelms

·         EUR/USD struggles to make headway above 1.05

·         GBP/USD pares recent losses as Cable traders brace for central bank outings

·         USD/JPY flat lines around 154.00, eyes on US Retail Sales release

·         USD/BRL hits all-time high of 6.1496 amid failed BCB intervention

·         Bangladesh's forex reserves dip to $18.61 bn

·         Fed likely to cut again in January as labor market to soften

·         Australian monthly consumer confidence survey falls 2% in December

·         Standard Chartered is bullish US equities next year

·         Canada budget blow-out: 62bn CAD deficit vs. 40bn expected previously

·         HDFC Bank gets Sebi warning over non-compliance, second in a week

·         Indian Highway capex moves in slow lane in FY25

·         GIFT City calls bids from global companies to develop 7.54 lakh sq ft commercial tower