What happened overnight, NAB Markets Today Research extractThe main news overnight was the FOMC decision, with the Committee deciding to leave the US policy rate unchanged as expected (target range for the Fed Funds rate 3.5%-3.75%). Also overnight was the BoC decision, with the Canadian central bank leaving the policy rate on hold at 2.25% as widely expected. Firming expectations for a rate hike from the RBA next week have likely supported the currency amid a strong USD dollar backdrop. Go to Portfolio and Alerts on the website and tick the box in front of The Overnight Report. You will receive an email alert every time a new Overnight Report has been published on the website.