The Federal Reserve, the ECB and the Bank of Japan are due to announce their interest-rate decisions on October 28, 29 and 30, following rate hikes in September. Their policy rates currently stand at 3.75-4.00%, 2.50% and 1.25%, respectively, and market participants largely expect no change while watching for signals about December. US data released on Thursday, including third-quarter GDP and the PCE index, will be crucial for the dollar, the euro and Bitcoin, which fell below $80,000 ahead of the decisions. A more hawkish Fed or hotter-than-expected PCE inflation would increase bets on further rate hikes, while a less restrictive ECB could support the euro.
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