InvestingLive European news wrap: Fed's Waller floats case for 50 bps hike in December
It would have been a relatively quiet session if it was not for Waller's hawkish remarks. He's been willing to give disinflation a probability back in September but has now completely changed his mind.
In this article
On the Fed interest rates front, it would have been a relatively quiet session if it was not for Waller's hawkish remarks, according to investingLive. He's been willing to give disinflation a probability back in September but has now completely changed his mind.
Inside the Fed interest rates story
On the US-Iran front, we haven't got any fresh development following yesterday's positive headlines. As a reminder, it was indicated that meetings between Trump, Vance and the Qatari PM were positive, and they discussed ways to progress discussions with Iran.
Why Fed interest rates matters for traders
Federal Reserve policy is the single biggest driver of the US dollar, Treasury yields and global risk appetite. Any shift in the expected path of interest rates is priced into currencies, gold and stock indices within minutes.
Hawkish signals typically lift the greenback and pressure non-yielding assets such as gold, whereas dovish signals often help equities and emerging-market currencies.
Market reaction and data
Crypto prices at the time of writing, from Binance spot data (2026-11-10 13:13 UTC):
| Asset | Last price (USDT) | 24h change | 24h high | 24h low |
|---|---|---|---|---|
| Bitcoin (BTC) | 74,450.01 | -0.42% | 75,568.18 | 74,115.65 |
| Ethereum (ETH) | 2,099.77 | -0.96% | 2,151.90 | 2,084.00 |
| Solana (SOL) | 84.99 | -1.75% | 88.07 | 84.2 |
On the currency side, the latest ECB daily reference rates (2026-11-09) show EUR/USD 1.1193, GBP/USD 1.3416, AUD/USD 0.6894, NZD/USD 0.5613, USD/JPY 157.95, USD/CHF 0.8187, USD/CAD 1.4103, USD/CNY 6.6728. These are reference fixes, not live quotes.
What to watch next for Fed interest rates
Traders will focus on upcoming comments from Fed officials, the next inflation and labour-market releases, and pricing in rate futures for clues about the timing of the next policy move.
Key scheduled releases on the economic calendar:
- USD Core CPI m/m on Tue Nov 10, 13:30 UTC, forecast 0.2%, previous 0.3%
- USD CPI m/m on Tue Nov 10, 13:30 UTC, forecast 0.3%, previous 0.6%
- GBP GDP m/m on Thu Nov 12, 07:00 UTC, forecast 0.0%, previous 0.1%
- USD Core PPI m/m on Fri Nov 13, 13:30 UTC, forecast 0.3%, previous 0.7%
- USD PPI m/m on Fri Nov 13, 13:30 UTC, forecast 0.4%, previous 1.3%
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FAQ
What is the latest Fed interest rates news?
It would have been a relatively quiet session if it was not for Waller's hawkish remarks.
How do Fed rate decisions affect forex markets?
Higher US rates tend to attract capital into dollar assets and strengthen the greenback, while lower rates or dovish guidance usually weaken it against other major currencies.
Where does this information come from?
This report is based on coverage from investingLive, checked against market data where available. It is a summary for information only and not investment advice.
Risk warning: This article is for information only and is not investment advice. Trading forex, CFDs, stocks and crypto carries a high risk of losing money. Prices move fast – check live quotes before you trade.
