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United Kingdom Consumer Price Index (YoY) meets expectations (3.1%) in August
United Kingdom Consumer Price Index (YoY) meets expectations (3.1%) in August
United Kingdom Consumer Price Index (MoM) meets forecasts (0.5%) in August
United Kingdom Consumer Price Index (MoM) meets forecasts (0.5%) in August
Indonesian Rupiah gains as US Dollar weakens ahead of Fed rate decision
USD/IDR halts its four-day winning streak, trading around 17,740 during Asian hours on Wednesday. The pair depreciates as the US Dollar (USD) declines ahead of the interest rate decision by the Federal Reserve (Fed).
EUR/USD Price Forecast: 1.1500 to remain key support level for Fed’s Day
The Euro (EUR) trades with caution at around 1.1545 against the US Dollar (USD) during the early European trading session on Wednesday. The major currency pair is expected to remain under pressure as the Federal Reserve (Fed) is scheduled to announce the monetary policy decision at 18:00 GMT.
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.
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.
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.
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.
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.
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.