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USD/INR extends gains due to Fed's cautious policy outlook, India-Pakistan tensions
The Indian Rupee (INR) loses ground against the US Dollar (USD), extending its losses for the third successive session on Thursday. The USD/INR pair appreciates amid the Federal Reserve's (Fed) cautious policy outlook.
Gold price jumps back above $3,400 amid reviving safe-haven demand
Gold price (XAU/USD) attracts some dip-buying during the Asian session on Thursday and rallies back above the $3,400 mark in the last hour, reversing a major part of the overnight slide from a two-week high.
BoJ's Ueda: Mindful of impact of the rising food prices on underlying inflation
Bank of Japan (BoJ) Governor Kazuo Ueda said on Thursday, he is "mindful of the impact of the rising food prices on underlying inflation."
US Presi. Trump: Big news conference Thursday morning concerning a major trade deal
US President Donald Trump announced during the Asian trading hours on Thursday of "a big news conference (Thursday) tomorrow morning at 10:00 a.m. (14 GMT) in the Oval Office. concerning a major trade deal with representatives of a big, and highly respected, country."
AUD/USD advances to near 0.6450, upside appears limited due to Fed cautious tone
The AUD/USD pair edges higher in Thursday's Asian session, trading around 0.6440 after falling over 1% in the previous session. The pair had previously touched a five-month high of 0.6514 on Wednesday, but retreated amid Federal Reserve's (Fed) cautious policy outlook.
PBOC sets USD/CNY reference rate at 7.2073 vs. 7.2005 previous
On Thursday, the People's Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.2073 as compared to the previous day's fix of 7.2005 and 7.2385 Reuters estimate.
New Zealand PM Luxon: Remain confident about NZ economic recovery
New Zealand's Prime Minister Christopher Luxon crossed the wires in the last hour, saying that the sharp deterioration of financial markets in early April has somewhat recovered, but markets remain volatile.
BoJ Minutes: BoJ will raise rates if economic and price projections are realized
The Bank of Japan (BoJ) board members shared their views on the monetary policy outlook this Thursday, per the Minutes of the March 18-19 meeting.
EUR/USD continues to churn after cautious Fed disappoints markets
EUR/USD stuck to its middling ways on Wednesday, remaining entrenched near the 1.1300 handle after the Federal Reserve's (Fed) latest rate call went about as well as traders expected, albeit with a fresh batch of "wait-and-see" warnings from Fed Chair Jerome Powell.
GBP/USD backslides ahead of BoE rate call
GBP/USD fell back on Wednesday, shedding six-tenths of one percent as markets kept one foot firmly planted in the safe haven Greenback.
NZD/USD retreats as Fed signals caution and Kiwi struggles on mixed jobs data
The NZD/USD pair is pulling back from a six-month high near 0.6025 reached earlier on Wednesday, trading around 0.6000 as investors react to the Federal Reserve's (Fed) cautious policy tone and mixed economic data from New Zealand.
GBP/JPY Price Analysis: Pound holds near 191.00 as bullish tone strengthens
The GBP/JPY pair edged higher on Wednesday, trading around the 191.00 zone as buyers maintained control.
USD/CHF Price Forecast: Holds above 0.8200 post-Fed meeting
USD/CHF consolidates on Wednesday, registering a daily close with gains of over 0.21%. The pair witnessed a drop from around 0.8847 to 0.8038, the yearly low in eleven days.
RBNZ Governor Hawkesby: Tariffs could impact New Zealand significantly
Reserve Bank of New Zealand (RBNZ) Governor Christian Hawkesby noted early Thursday that New Zealand's economy remains severely exposed to global trade fallout from US tariff policies.
Mexican Peso strengthens as Fed Chair Powell signals patience
The Mexican Peso extended its gains against the US Dollar on Wednesday after the US Federal Reserve (Fed) held rates unchanged as Fed Chair Jerome Powell hinted that policymakers would remain patient. At the time of writing, the USD/MXN trades at 19.61, down 0.26%.
EUR/JPY Price Analysis: Euro holds steady near 163.00 as bullish signals build
The EUR/JPY pair edged higher on Wednesday, trading around the 163.00 zone after the European session, reflecting a steady upward bias as the market heads into the Asian session.
Forex Today: All eyes are on the Bank of England
The US Dollar edged higher as markets digested the Federal Reserve's decision to leave interest rates unchanged on Wednesday. Adding to the Greenback's modest strength were renewed hopes of a US-China trade deal materialising sooner rather than later.
US yields slip as Powell signals patience, US Dollar pulls back from highs
The US Treasury yields edged lower across the whole curve, down an average of two and a half to three basis points so far after plunging over seven basis points earlier.
GBP/USD slides as Fed holds rates, flags rising inflation, growth uncertainty
The GBP/USD extended its losses on Wednesday after the Federal Reserve decided to keep interest rates unchanged as expected, with most eyes set on Fed Chair Jerome Powell's press conference. At the time of writing, the pair trades near 1.3331, down more than 0.20%.
Gold price slips as Fed holds rates, warns of heightened inflation
Gold price remains on the back foot after the Federal Reserve kept interest rates unchanged. The XAU/USD trades at $3,394, down over 1%, as traders brace for Fed Chair Jerome Powell's press conference.
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