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Japan Foreign Investment in Japan Stocks rose from previous ¥-79.6B to ¥912.1B in July 24
Japan Foreign Investment in Japan Stocks rose from previous ¥-79.6B to ¥912.1B in July 24
GBP/JPY Price Forecast: Bulls reclaim 218.00 as RSI improves
The GBP/JPY advances by over 0.30%, rising above 218.00, as risk appetite improves amid overall US Dollar weakness following the Federal Reserve's monetary policy decision. The pair trades near 218.50 after hitting a low of the day (LOD) of 217.16.
A Fed hold, a Warsh non-answer, and one day of cover for the Japanese Yen
The Federal Reserve (Fed) held its target range at 3.50% to 3.75% for a fifth consecutive meeting at 18:00 GMT, and the pair did what a market short the Yen against a 1.00% policy rate does when a hike it partly paid for fails to arrive.
No soft target: Warsh vows to return inflation to 2%
The Fed left interest rates unchanged at 3.50%-3.75%, but the decision carried a distinctly hawkish edge as three officials voted for an immediate 25-basis-point increase.
New Zealand Dollar rebounds after Fed hold
NZD/USD trades higher near the 0.5790 area on Wednesday, reversing its earlier decline as the US Dollar (USD) weakens sharply following the Federal Reserve’s (Fed) monetary policy announcement.
Japanese Yen gains after hawkish Fed hold
USD/JPY trades near the 163.60 area on Wednesday, recovering from its immediate post-announcement decline as investors assess a generally hawkish Federal Reserve (Fed) monetary policy decision.
Australian Dollar trims losses after Fed holds
The Aussie Dollar trimmed some of its earlier losses after the Federal Reserve kept rates steady, by a 9 to 3 vote, with three dissenters who supported a 25-basis-point rate hike. The AUD/USD trades at around 0.6950, down 0.32%.Â
Euro rises despite Fed hawkish hold, eyes on Warsh’s speech
The shared currency surged after the Federal Reserve (Fed) kept rates steady by a 9 to 3 vote. Three dissenters supported a 25-basis-point rate hike. The EUR/USD trades in a volatile fashion above 1.1420, up 0.3%.Â
British Pound Sterling rents a rally it has to pay for in the morning
The Federal Reserve (Fed) held its target range at 3.50% to 3.75% at 18:00 GMT on a 9-3 vote, with three voting members preferring an immediate quarter-point increase, and Sterling rallied through the 1.3300 shelf it lost last week to trade just above 1.3350. None of that is a British story.
The Canadian Dollar waited for the Fed and got paid
The Federal Reserve held its target range at 3.50% to 3.75% at 18:00 GMT on a 9-3 vote, with three voting members preferring an immediate quarter-point increase, and USD/CAD fell out of a session-long range to print its low just beneath 1.4050.
United States Fed Interest Rate Decision meets expectations (3.75%)
United States Fed Interest Rate Decision meets expectations (3.75%)
Mexican Peso tumbles as Gulf War escalation weighs on mood, Fed eyed
The Mexican Peso loses ground against the US Dollar on Wednesday as risk appetite turns sour amid the escalation of the Gulf War, while traders await the Federal Reserve’s (Fed) monetary policy decision. The USD/MXN trades at 17.51, up 0.47%.
The Bank of Canada shows its work, while the Canadian Dollar reads Washington
The Bank of Canada published the deliberations behind its July 15 hold this morning, roughly half an hour before the Federal Reserve (Fed) announces whether it does the same thing.