Australian Dollar on the rise amid Greenback weakness
The AUD/USD rose by 0.70% to 0.6815 in Thursday's session. This marks the fourth consecutive session of gains for the AUD/USD, as the Greenback continues to weaken in the wake of the Federal Reserve's (Fed) 50-basis-point rate cut.
USD/CAD softens near 1.3550 on bearish US Dollar, investors await BoC’s Macklem speech
The USD/CAD pair attracts some sellers near 1.3560, snapping the two-day winning streak during the early Asian session on Friday.
Mexican Peso stumbles against a soft US Dollar
The Mexican Peso remained unchanged against the US Dollar during the North American session on Thursday after the Federal Reserve (Fed) lowered interest rates for the first time in four years.
Gold rises as Fed cuts rates, signals start of easing cycle
Gold prices advanced on Thursday after the Federal Reserve (Fed) embarked on an easing cycle with a 50-basis-point (bps) rate cut.
Bank of Japan set to keep rates on hold after July’s hike shocked markets
The Bank of Japan (BoJ) is expected to keep its short-term interest rate target between 0.15% and 0.25% on Friday, following the conclusion of its two-day monetary policy review.
US Dollar struggles as markets asses Fed cut
The US Dollar Index (DXY), which measures the value of the USD against a basket of currencies, is trading flat near 100.70 on Thursday as the market digests the Federal Reserve's (Fed) 50-basis-point (bps) cut.
EUR/JPY surges on sentiment improvement yet struggles at 160.00
The Euro rallied sharply against the Japanese Yen on Thursday amid a scarce economic docket.
NZD/USD struggles to seize two-week high of 0.6270 as US Dollar bounces back
The NZD/USD pair gains significantly by more than 0.5% but struggles to seize the two-week high of 0.6270 in Thursday’s North American session.
US Dollar turns green with US data supporting for the Greenback
The US Dollar (USD) trades back at levels where it was before the  US Federal Reserve (Fed) meeting took place, and is even heading higher just ahead of the US trading session. Traders quickly pared back initial losses on Wednesday after Fed Chairman
Silver Price Forecast: XAG/USD soars above $31 after Fed’s bumper rate cut decision
Silver price (XAG/USD) delivers a sharp rally above the crucial resistance of $31.00 in Thursday’s European session.
Bank of England announces latest interest rates decision
The Bank's Monetary Policy Committee held its latest meeting on Thursday morning
AUD/USD refreshes eight-month high near 0.6840 as market digests Fed’s dovish policy
The AUD/USD pair posts a fresh eight-month high near 0.6840 in Thursday’s European session.
EUR/USD surrenders majority of intraday gains on lower US jobless claims
EUR/USD gives up half of its intraday gains but holds the crucial support of 1.1100 in Thursday’s North American session.
Taiwan leaves interest rates unchanged, raises GDP forecast
TAIPEI: Taiwan's central bank held its policy interest rate unchanged while raising its growth estimate for the year on Thursday (Sep 19), asserting the need for vigilant monetary policy even as inflation gradually eases but remains a lingering concern. The central bank left the benchmark discount rate at
Dollar edges lower after Fed goes big on rate cut, Aussie jumps
:The U.S. dollar edged lower on Thursday after a larger than usual interest rate cut from the U.S. Federal Reserve that had been priced in by markets.The Fed on Wednesday kicked off its monetary easing cycle with a half-percentage-point rate cut that Chair Jerome Powell said was meant to show policymakers' co
Dollar edges lower in choppy trading after Fed rate cut
NEW YORK :The U.S. dollar edged slightly lower in choppy trading on Wednesday as markets grappled with the supersized 50 basis point interest rate cut as well as the switch to an easing monetary policy stance delivered by the Federal Reserve.Investor expectations had largely shifted towards a dovish outcome i
AUD/JPY extends upside to near 97.00 as labor report strengthens hawkish RBA mood
AUD/JPY continues its winning for the fourth successive day, trading around 97.10 during the early European hours.
Pound Sterling surges to 1.3300 as BoE keeps interest rates steady at 5%
The Pound Sterling (GBP) strengthens against its major peers on Thursday after the Bank of England's (BoE) monetary policy announcement.
Bank of England poised to hold interest rates at 5%
The Bank of England is poised to keep interest rates at 5% after sending a "clear message" that it would not move too quickly to cut borrowing costs.
USD/CHF holds position above 0.8450 after paring gains, Swiss Trade Balance data eyed
USD/CHF holds its gains around 0.8480 during Thursday’s Asian hours following a volatile session on Wednesday due to the US Federal Reserve’s (Fed) interest rate decision.
EUR/USD flat lines above 1.1100 after Fed's bumper rate cut
The EUR/USD pair trades flat during the early European session on Thursday.
Japanese Yen experiences volatility due to Fed Powell caution, upcoming BoJ rate decision
The Japanese Yen (JPY) holds losses against the US Dollar (USD) on Thursday.
Australian Dollar advances despite Fed caution, awaits PBoC Interest Rate Decision
The Australian Dollar (AUD) recovered its daily losses and continues its winning streak against the US Dollar (USD), following the labor market report released on Thursday.
USD/JPY jumps above 143.50, focus shifts to BoJ rate decision
The USD/JPY pair gains traction around 143.55 on Thursday during the early European session.
USD/CAD trades with mild gains above 1.3600, Fed cuts rates for first time in four years
The USD/CAD pair posts modest gains around 1.3605 during the early Asian session on Thursday.
GBP/USD holds steady as BoE rate call looms ahead
GBP/USD hit a fresh 30-month high on Wednesday, pushed within inches of the 1.3300 handle after the US Federal Reserve (Fed) trimmed interest rates by a jumbo 50 bps and chalking in the US central bank’s first rate cut in over four years.
Australian Dollar retreats after Powell signals caution
The AUD/USD reached a high of 0.6800 before falling back toward the 0.6760 level in the wake of the Federal Reserve's (Fed) decision to cut interest rates by 50 basis points to 5%.
Bank of England has sent 'clear message' over interest rates, economist warns
The base rate was cut for the first time since 2020 last month
Bank of England poised to hold interest rates at 5%, economists say
Most economists think that rate-setters on the Monetary Policy Committee will keep the UK interest rate on hold on Thursday.
Dow Jones Industrial Average taps fresh record peak after Fed trims interest rate 50 bps
The Dow Jones Industrial Average (DJIA) has pulled into Wednesday’s midrange near 41,500 as investors await the Federal Reserve's (Fed) first rate cut in over four years.
EUR/USD flattens post-Fed rate cut
EUR/USD soared into a fresh high for September after the Federal Reserve (Fed) surprised markets with a full 50 bps rate cut on Wednesday, pushing risk appetite into the high side and sending traders scrambling for the buy button.
Mexican Peso lags as Fed policy easing weighs on currency
The Mexican Peso edged lower against the US Dollar during the North American session on Wednesday, dropping over 0.80% after the Federal Open Market Committee (FOMC decided to lower borrowing costs by 50 basis points Data from Mexico was mixed, though it failed to boost the Mexican currency.
NZD/USD Price Analysis: Rallies to 0.6230 with Fed policy taking centre stage
The NZD/USD pair delivers a sharp upside move to near 0.6230 in Wednesday’s North American session.
Pound Sterling Price News and Forecast: GBP jumps as UK inflation ticks up, Fed-BoE policy in focus
The Pound Sterling (GBP) surges to near 1.3220 against the US Dollar (US) in Wednesday's London session after the release of the hot UK inflation data for August.
US Dollar recovers as Powell's cools down the dovish hype
The US Dollar Index (DXY), which measures the value of the USD against a basket of six currencies, has declined ahead of today's Federal Open Market Committee (FOMC) decision.
US Fed cuts interest rates by 50 basis points, first reduction since 2020
The rate cut ends a 14-month period where rates were held steady. This duration is longer than three of the last six Fed 'hold' periods but falls short of the 15-month pause before the 2007-2009 financial crisis.
USD/CAD faces pressure near 1.3600 as US Dollar weakens ahead of Fed policy
The USD/CAD pair remains below the crucial resistance of 1.3600 in Wednesday’s North American session.
USD/CHF refreshes weekly low near 0.8430 ahead of Fed policy announcement
The USD/CHF pair posts a fresh weekly low near 0.8430 in Wednesday’s European session.
USD/JPY whipsaws after Fed delivers 50 bps rate cut
USD/JPY plummed the depths of 140.80 on Wednesday after the Federal Reserve (Fed) dropped a 50 bps rate cut on markets.
last updated on 20 Sep 00:51