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Indian Rupee remains close to seven-week low on Wednesday, Fed's policy in focus
The Indian Rupee (INR) holds onto over-a-week long losses against the US Dollar (USD) on Wednesday.
WTI tumbles to near $100.00 on surprise US inventory build despite supply disruption worries
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $100.00 during the early European trading hours on Wednesday. WTI falls after an unexpected build in US crude inventories.
Japanese Yen remains depressed near one-week low vs USD as traders await Fed, BoJ
The USD/JPY pair attracts some buyers for the third straight day and touches a one-week high, around the 155.45-155.50 region, during the Asian session on Wednesday. Spot prices, however, lack follow-through as traders seem hesitant ahead of the key central bank event.
India Gold price today: Gold rises, according to FXStreet data
Gold prices rose in India on Wednesday, according to data compiled by FXStreet.
Asian stocks trade with modest gains as investors remain cautious ahead of Fed decision
Asian equity markets trade with modest gains on Wednesday, tracking stability in US stock index futures, though sentiment remains cautious ahead of the highly anticipated US Federal Reserve (Fed) policy decision.
Swiss Franc edges higher as US Dollar declines despite Fed rate hike bets
USD/CHF halts its five-day winning streak, trading around 0.8180 during Asian hours on Wednesday. The pair inches lower as the US Dollar (USD) depreciates ahead of the interest rate decision by the Federal Reserve (Fed).
AUD/JPY Price Forecast: Holds gains above 110.50, but maintains bearish bias below 100-day SMA
The AUD/JPY cross trades in positive territory around 110.70 during the early European trading hours on Wednesday.
Gold traders seem noncommittal below $4,350; eyes Fed rate decision for fresh impetus
Gold (XAU/USD) clings to modest intraday gains through the first half of the European session on Wednesday, albeit it lacks follow-through buying and remains below $4,350. The US Dollar (USD) eases from a two-week high amid some profit-taking, offering support to the commodity.
US Treasury Yields take a breather after recent rally, Fed’s policy in focus
United States (US) Treasury Yields have hit a pause after posting a fresh multi-year high on Tuesday ahead of the Federal Reserve’s (Fed) monetary policy announcement later in the day.
New Zealand Dollar drops as RBNZ’s Silk to exit in December
NZD/USD extends its losses for the third consecutive day, trading around 0.5750 during Asian hours on Wednesday.
United States API Weekly Crude Oil Stock registered at 7.14M above expectations (-1.8M) in September 11
United States API Weekly Crude Oil Stock registered at 7.14M above expectations (-1.8M) in September 11
Australian Dollar weakens below 0.7150 as markets brace for Fed rate decision
The AUD/USD pair declines to around 0.7120 during Asian trading hours on Wednesday. Expectations of a US interest rate hike provide some support to the US Dollar (USD) and act as a headwind for the pair. Traders brace for the US Federal Reserve (Fed) interest rate decision later on Wednesday.Â
PBOC’s Pan says will rely less on loan growth targets and more on rate tools to guide policy
The People’s Bank of China (PBOC) Governor Pan Gongsheng said on Wednesday that the Chinese central bank will rely less on loan growth targets and more on interest rate tools to guide policy.