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Forex
USD/JPY lurches higher after Powell splashes cold water on rate cut hopes
USD/JPY fell to the 143.00 region after the Fed held rates steady on Wednesday.Market anticipation of a rate cut in July accelerated after Fed warned of rising…
AUD/USD plunges to 0.6430 as Powell pushes back on rate cut expectations
Fed holds rates steady, Powell signals patience and data-dependence.Markets unwind rate-cut bets as Fed tones down preemptive easing.AUD/USD drops sharply to…
Forex Today: All eyes are on the Bank of England
The US Dollar edged higher as markets digested the Federal Reserve’s decision to leave interest rates unchanged on Wednesday. Adding to the Greenback’s modest strength were renewed…
Dow Jones Industrial Average middles as investors digest Fed rate call and cautious Powell
The Dow Jones initally eased to 40,850 after the Fed held rates steady at 4.25-4.5%.Markets broadly anticipated a rate hold, but hope for a policy narrative…
EUR/USD jumps despite Fed rate hold as markets still see cut in July
EUR/USD bounced from 1.1335 to 1.1365 after the Fed held rates steady at 4.5%,Market tensions remain elevated, but investors noted a slight shift in Fed policy…
Pound Sterling Price News and Forecast: GBP/USD pauses rally as traders eye Fed, BoE’s decisions
GBP/USD pauses rally as traders eye Fed, BoE’s decisions
The Pound Sterling (GBP) retreated after posting back-to-back days of gains versus the US Dollar…
AUD/USD retreats as traders eye Powell and US-China trade talks
AUD/USD consolidates below 0.6515 resistance ahead of key eventsFederal Reserve is expected to hold rates; focus on Powell's guidanceChina announces monetary…
GBP/USD pauses rally as traders eye Fed, BoE’s decisions
US Treasury Secretary to meet Chinese Vice Premier in Switzerland, lifting market sentiment.Fed expected to hold rates steady; markets price first cut in July…
US Dollar goes nowhere while markets write off Fed as non-event
The US Dollar Index trades broadly flat after dipping to a five-day low on Tuesday around 99.20.Geopolitical headlines took over in early trading with China…
Pound Sterling trades with caution against US Dollar ahead of Fed-BoE policy decision
The Pound Sterling drops to near 1.3330 against the US Dollar ahead of the Fed’s monetary policy announcement.The Fed is expected to hold interest rates…