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South Korea BOK Manufacturing BSI: 82 (August) vs 79
South Korea BOK Manufacturing BSI: 82 (August) vs 79
Euro edges lower to near 1.1450 as Fed holds rates steady, traders await Eurozone and German GDP
The EUR/USD pair trades with mild losses around 1.1465 during the early Asian session on Thursday. The US Dollar (USD) edges higher against the Euro (EUR) on a hawkish Federal Reserve (Fed) rate hold.
Japan Foreign Bond Investment declined to Ā„-811.4B in July 24 from previous Ā„-714.4B
Japan Foreign Bond Investment declined to Ā„-811.4B in July 24 from previous Ā„-714.4B
Japan Foreign Investment in Japan Stocks rose from previous Ā„-79.6BĀ to Ā„912.1B in July 24
Japan Foreign Investment in Japan Stocks rose from previous Ā„-79.6BĀ to Ā„912.1B in July 24
Yemen's Houthis reportedly considering fees for ships sailing through Red Sea
Yemenās Iran-backedĀ Houthi rebels are considering imposing fees on commercial ships sailing through the southern Red Sea, Reuters reported on Wednesday. This development came a week after the Houthi declared a naval blockade on Saudi Arabia.
US President Donald Trump says US will strike Iran hardĀ
US President Donald Trump said that he will order heavy strikes on Iran in retaliation for its āsurprise attackā on US forces overnight, Bloomberg reported on Wednesday.
Gold rebounds to near $4,100 as Fed leaves interest rates unchanged
Gold price (XAU/USD) rebounds to around $4,095 during the early Asian session on Thursday.
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.
Forex Today: US Dollar tumbles after divided Fed hold, Oil surges on Middle East escalation
The US Dollar (USD) falls sharply during the American session on Wednesday after the Federal Reserve (Fed) left interest rates unchanged. The Federal Open Market Committee (FOMC) maintained the federal funds target range at 3.50%ā3.75% in a divided 9ā3 vote.
Silver holds firm as Dollar slides after split Fed decision
Silver price clings to gains on Wednesday late in the North American session, as the Federal Reserve held rates unchanged, which, instead of strengthening the Dollar, weakened it, while US Treasury yields spiked. The XAG/USD trades at $57.17, barely unchanged.
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.
WTI remains muted after Fed hold
West Texas Intermediate (WTI) Oil stayed muted near $83 per barrel following the Federal Reserve's (Fed) decision to hold interest rates constant on Wednesday afternoon. The price consolidation comes after recovering sharply from an intraday low near $78.90.