Forex Today: Fed's Powell Brings December Rate Cut into Question – 30 October 2025

US Federal Reserve Says December Cut “Not a Foregone Conclusion”, Boosts USD; US Agrees to Lower Tariffs on China, China to Buy US Soybeans; Major US Equity Indices Reach New Record Highs, NVIDIA Cap Tops $5 Trillion; Fed, Bank of Canada Cut Rates by 0.25%; Bank of Japan Leaves Rate Unchanged, 2 Members Vote to Hike; US Dollar Strong, USD/JPY Nears Multi-Month High; Soybeans Make Weak Long-Term Bullish Breakout



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