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NZD/USD weakens as Fed policy caution, Iran tensions support US Dollar
NZD/USD trades lower around 0.5840 on Wednesday at the time of writing, down 0.76% on the day, as markets adopt a wait-and-see stance ahead of the Federal Reserve (Fed) monetary policy decision later in the day.
Fxstreet
Wed, Apr 29
AUD/USD slides as US Dollar gains on geopolitical tensions ahead of Fed decision
The Australian Dollar (AUD) edges lower against the US Dollar (USD) on Wednesday, weighed by softer-than-expected Australian inflation data, while fading hopes that the US-Iran war will end anytime soon support the Greenback.
Fxstreet
Wed, Apr 29
GBP/USD falls as US Dollar gathers strength ahead of Fed interest rate decision
The GBP/USD pair fell toward the 1.3480 price region on Wednesday as the US Dollar (USD) continued to gain strength ahead of the last Federal Reserve (Fed) interest rate decision led by Chair Jerome Powell.
Fxstreet
Wed, Apr 29
CAD: BoC hawkish tilt with conflict risks – MUFG
Derek Halpenny at MUFG highlights that the Canadian Dollar (CAD) has held up well versus the US Dollar since the Middle East conflict began, with markets expecting the Bank of Canada (BoC) to keep rates unchanged but adopt a more hawkish tone.Fxstreet
Wed, Apr 29
USD/CAD: Range levels watched as BoC holds – Societe Generale
Societe Generale analysts notes that the Bank of Canada (BoC) is expected to keep its policy rate at 2.25% for a fourth consecutive meeting, while higher inflation expectations could push rates toward the neutral range midpoint later this year.Fxstreet
Wed, Apr 29
EUR/GBP Price Forecast: Steady above 0.8650 with ECB and BoE in the spotlight
The Euro (EUR) edges higher against the British Pound (GBP) for the second consecutive day on Wednesday, although it remains contained within the weekly range, with upside attempts capped below the 0.8680 area for now.Fxstreet
Wed, Apr 29
GBP/USD Price Forecast: Trades sideways around 1.3500 ahead of Fed-BoE rate decisions
The GBP/USD pair is broadly sideways around 1.3500 during the European trading session on Wednesday. The Cable consolidates as investors await monetary policy announcements by the Federal Reserve (Fed) and the Bank of England (BoE).Fxstreet
Wed, Apr 29
USD/JPY nears the key 160.00 level ahead of the Fed rate decision
The US Dollar (USD) nudges higher for the second consecutive day against the Japanese Yen (JPY) on Wednesday, trading at 159.75 at the time of writing, with the key 160.00 level, considered a line in the sand for Tokyo intervention, coming closer.Fxstreet
Wed, Apr 29
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