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USD/JPY surges to near two-year high after Fed’s decision to deliver a hawkish hold
The USD/JPY is trading near the 160.20 price region, near a two-year high, after the Federal Reserve (Fed) decided to hold interest rates as widely anticipated, marking the last meeting chaired by Jerome Powell.
Fxstreet
Wed, Apr 29
EUR/USD holds near 1.1670 as Fed leaves rates unchanged now
EUR/USD remains negative in the day but unchanged as the Federal Reserve’s decided to hold rates unchanged at the last meeting of Jerome Powell as the Chairman of the Fed. At the time of writing, the pair trades around 1.1670, down 0.48% as eyes turn to Powell’s press conference.
Fxstreet
Wed, Apr 29
EUR/CAD slides as steady BoC and rising Oil prices lift Loonie
EUR/CAD trades on the back foot on Wednesday as the Canadian Dollar (CAD) strengthens broadly following the Bank of Canada monetary policy announcement, while rising Oil prices add further support to the commodity-linked Loonie.
Fxstreet
Wed, Apr 29
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
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