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PBOC sets USD/CNY reference rate at 7.1494 vs. 7.1441 previous
The People's Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Thursday at 7.1494 as compared to the previous day's fix of 7.1441 and 7.2062 Reuters estimate.
RBA's Hauser: CPI data were very welcome
Reserve Bank of Australia (RBA) Deputy Governor Andrew Hauser said early Thursday that the Consumer Price Index (CPI) inflation data were welcome.
EUR/USD tumbles on hawkish Powell, strong US GDP figures smash Euro
The EUR/USD prolong its loses for the third straight day, collapses over 1.20% as the Federal Reserve hold rates and Jerome Powell, tilts hawkish.
US President Donald Trump announces a trade deal with South Korea - Reuters
US President Donald Trump announced a new trade deal with South Korea, stating that the United States (US) would charge a 15% tariff on imports from South Korea, Reuters reported on Wednesday.
NZD/USD gains ground to near 0.5900 ahead of Chinese PMI releases
The NZD/USD pair gathers strength to around 0.5900, snapping the five-day losing streak during the early Asian session on Thursday. The US Dollar (NZD) weakens against the New Zealand Dollar (NZD) after the Federal Reserve (Fed) decided to keep rates unchanged.
Bank of Japan set to keep rates unchanged amid political instability, US-Japan trade deal
The Bank of Japan (BoJ) is set to hold the short-term interest rate at 0.5% following the conclusion of its two-day July monetary policy review on Thursday.
GBP/USD extends losses after Fed trims rate cut expectations
GBP/USD sank for a fifth straight session on Wednesday, falling as the US Dollar (USD) catches a broad-market bid after the Federal Reserve (Fed) held rates steady and stuck to its stubborn wait-and-see stance, trimming hopes for a September rate cut.
Canadian Dollar recedes after Fed rate hold
The Canadian Dollar (CAD) shed further weight against the US Dollar (USD) on Wednesday, with Loonie flows further hobbled by a broad-market step back into the safe haven Greenback.
USD/JPY soars to 3-month high as Powell dials down September cut bets
The USD/JPY rallies over 0.60% after the Federal Reserve held interest rates unchanged and as Fed Chair Jerome Powell, turned slightly hawkish and muted for a September rate cut. The pair trades at 149.38, refreshing three-month highs.
Forex Today: No changes expected at the BoJ meeting
The US Dollar (USD) rose to new multi-week tops underpinned by firmer results from US fundamentals and the upbeat tone from Chair Powell at his press conference after the Federal Reserve left its interest rates the same, as largely expected.
AUD/USD tumbles as Fed keeps rates in check, Powell on the spotlight
The AUD/USD plunges on Wednesday, extending its agony for fourth straight days after the Federal Reserve (Fed) decision to hold rates, thought not unanimously as two officials Waller and Bowman, who telegraphed their intentions before the blackout period, dissented and voted for a 25 bps rate cut.
EUR/USD slumps as Fed holds rates; Waller and Bowman dissent
The EUR/USD extended its losses during the North American session, as the Federal Open Market Committee (FOMC) held rates unchanged, in a vote split, that witnessed two Governors, favoring a 25-bps rate cut. At the time of writing, the pair trades volatile at around 1.1475-1.1500, negative on the d
GBP/USD bounces on post-Fed Dollar weakness
GBP/USD caught an intraday bump following the Federal Reserve's (Fed) latest interest rate call, with the Federal Open Market Committee (FOMC) holding interest rates in the 4.25-4.5% range, as many market participants had expected.
Trump trying to steal the limelight
Within the Federal Reserve's monetary policy announcement, US President Donald Trump is sharing his own words.
US Dollar Index see a slight softening after Fed stands pat on rates once again
The US Dollar Index (DXY) jittered on Wednesday following the Federal Reserve's (Fed) latest interest rate hold. The Fed's main reference rate remains steady at 4.25-4.5%, as many market participants expected.
USD/JPY trades near three-week high on strong US data, Fed keeps rates unchanged at 4.50%
The Japanese Yen (JPY) weakens further against the US Dollar (USD) on Wednesday as the Greenback extends its rally for the fifth straight day, buoyed by a string of stronger-than-expected US economic data that reinforced the resilience of the world's largest economy.
EUR/GBP slips as US-EU trade deal lifts Dollar, BoE cut expected
The EUR/GBP extended its losses in the early North American session, down over 0.15% as traders digested trading news between the United States (US) and the European Union (EU).
Canadian Dollar extends losses as BoC holds rates amid inflation concerns and trade risks
The Canadian Dollar (CAD) extends losses for the fifth consecutive session against the US Dollar (USD) on Wednesday, as the Greenback continues its broad-based rally following stronger-than-expected US economic data.
AUD/USD awaits US Federal Reserve's decision at fresh July lows
The Australian Dollar (AUD) trades at fresh July lows against its American rival, hovering around 0.6450. The US Dollar (USD) attracted strong buying interest following the release of upbeat macroeconomic figures, ahead of the Federal Reserve (Fed) monetary policy announcement.
EUR/USD to move higher on a 6-to-12-month view - Rabobank
EUR/USD is struggling to regain its composure after Monday's plunge. EUR/USD has been ripe for some correction, though our 3-month forecast of 1.15 has already been tested today.
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