0053 GMT - Asian currencies are mixed against the dollar in the morning session ahead of the FOMC decision due later in the global day. A 25-bps rate cut by the Fed is priced by financial markets, CBA's Joseph Capurso says in a research report. "The main uncertainty is whether or not the FOMC announce it will stop shrinking its balance sheet, i.e., an end to quantitative tightening," the head of Foreign Exchange, International & Geoeconomics says. The end of quantitative tightening or dovish comments by Fed Chair Powell at his post-meeting briefing could modestly weigh on USD, Capurso adds. USD/KRW is little changed at 1,431.92, AUD/USD is 0.2% higher at 0.6600, while USD/THB edges 0.2% higher to 32.33, FactSet data show. (ronnie.harui@wsj.com)

(END) Dow Jones Newswires

October 28, 2025 20:53 ET (00:53 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.