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  1. New
    Gold skyrockets as Fed cuts 25 bps, eyes further easing
    • Breaking news

    Gold skyrockets as Fed cuts 25 bps, eyes further easing

    • Breaking news

    Gold price trades volatile at around $3,650 - $3,700 after the Federal Open Market Committee (FOMC) decided to cut rates by 25 basis points, signaling that further easing is coming towards the years end.

  2. New
    EUR/USD surges after Fed cuts interest rates to bolster slumping jobs data
    • Breaking news

    EUR/USD surges after Fed cuts interest rates to bolster slumping jobs data

    • Breaking news

    The Federal Reserve (Fed) delivered a quarter-point interest rate cut, as markets had widely predicted.

  3. New
    EUR/USD holds near 1.1850 as traders await Fed decision, Powell press conference
    • Breaking news

    EUR/USD holds near 1.1850 as traders await Fed decision, Powell press conference

    • Breaking news

    The EUR/USD trades sideways on Wednesday as traders wait for the monetary policy decision by the Federal Reserve (Fed) and Chair Jerome Powell's press conference. At the time of writing, the pair trade sat 1.1848, down 0.15%.

  4. New
    Silver Price Forecast: XAG/USD steadies ahead of Fed interest rate decision
    • Breaking news

    Silver Price Forecast: XAG/USD steadies ahead of Fed interest rate decision

    • Breaking news

    Silver (XAG/USD) trims some of its earlier losses on Wednesday after dipping to a five-day low, with traders reluctant to take fresh positions ahead of the Federal Reserve's (Fed) interest rate decision at 18:00 GMT.

  5. New
    Dow Jones Industrial Average rises to retest 46,000 ahead of Fed rate call
    • Breaking news

    Dow Jones Industrial Average rises to retest 46,000 ahead of Fed rate call

    • Breaking news

    The Dow Jones Industrial Average (DJIA) found some room on the high side on Wednesday, with thin volumes bolstering the major equity index back into the 46,000 handle just ahead of the Federal Reserve's (Fed) blockbuster interest rate call.

  6. Gold price steadies as Fed decision, Powell press conference loom
    • Breaking news

    Gold price steadies as Fed decision, Powell press conference loom

    • Breaking news

    Gold price holds firm during the session on Wednesday amid increasing tensions as market participants await the monetary policy decision of the Federal Reserve (Fed). XAU/USD trades at $3,685, down 0.09%.

  7. EUR/USD steady near four-year highs as Fed decision looms
    • Breaking news

    EUR/USD steady near four-year highs as Fed decision looms

    • Breaking news

    The Euro (EUR) is little changed against the US Dollar (USD) on Wednesday, with EUR/USD pausing a four-day winning streak after hitting its highest level since September 2021 on Tuesday.

  8. GBP/USD rises as UK inflation supports BoE hold, Fed cut in focus
    • Breaking news

    GBP/USD rises as UK inflation supports BoE hold, Fed cut in focus

    • Breaking news

    The British Pound advances modestly 0.15% on Wednesday as traders await the outcome of the Federal Reserve's (Fed) monetary policy decision. Nevertheless, Sterling climbs as inflation data in the UK, justifies the Bank of England's (BoE) stance of holding rates on Thursday.

  9. South Africa FX Today: Rand steadies amid hopes of SARB rate cut following softer inflation
    • Breaking news

    South Africa FX Today: Rand steadies amid hopes of SARB rate cut following softer inflation

    • Breaking news

    The South African Rand (ZAR) edges slightly down to 17.35 against the US Dollar (USD) on Wednesday, losing 0.1% on the day, as markets digest the latest inflation surprise ahead of the South African Reserve Bank (SARB) meeting.

  10. USD/CAD firms as BoC delivers 25 bps cut, Fed decision in focus
    • Breaking news

    USD/CAD firms as BoC delivers 25 bps cut, Fed decision in focus

    • Breaking news

    The Canadian Dollar (CAD) trades on the back foot against the US Dollar (USD) on Wednesday after the Bank of Canada (BoC) cut its benchmark rate by 25-basis-points (bps) to 2.50%, as expected.

  11. WTI Price Forecast: Oil consolidates between 21-day and 50-day SMAs
    • Breaking news

    WTI Price Forecast: Oil consolidates between 21-day and 50-day SMAs

    • Breaking news

    West Texas Intermediate (WTI) Crude Oil edges higher during the American session on Wednesday after trimming intraday losses. At the time of writing, WTI is trading near the $64.00 mark, but the recovery lacks follow-through as the commodity struggles to extend gains for the fourth straight day.

  12. India Gold price today: Gold falls, according to FXStreet data
    • Breaking news

    India Gold price today: Gold falls, according to FXStreet data

    • Breaking news

    Gold prices fell in India on Wednesday, according to data compiled by FXStreet.

  13. Norway FX Today: The Krone weakens as markets brace for Norges Bank's close call
    • Breaking news

    Norway FX Today: The Krone weakens as markets brace for Norges Bank's close call

    • Breaking news

    The Norwegian Krone (NOK) remains in the spotlight ahead of the decisive Norges Bank interest rate decision scheduled for Thursday at 08:00 GMT. The EUR/NOK pair is trading around 11.60, up 0.3% on the day, after hitting 11.54 last week, its lowest level in three months.

  14. Gold corrects from record highs, Fed interest rate decision to steer direction
    • Breaking news

    Gold corrects from record highs, Fed interest rate decision to steer direction

    • Breaking news

    Gold (XAU/USD) is taking a breather on Wednesday, slipping from record highs as traders shift their focus to the Federal Reserve's (Fed) interest rate decision due at 18:00 GMT.

  15. USD/CAD Price Forecast: Edges higher ahead of BoC-Fed policy outcome
    • Breaking news

    USD/CAD Price Forecast: Edges higher ahead of BoC-Fed policy outcome

    • Breaking news

    The USD/CAD pair ticks up to near 1.3760 during the late European session on Wednesday. The Loonie pair gains marginally ahead of monetary policy outcomes by the Bank of Canada (BoC) and the Federal Reserve (Fed) during New York trading hours.

  16. EUR pulls back from Tuesday's multiyear high - Scotiabank
    • Breaking news

    EUR pulls back from Tuesday's multiyear high - Scotiabank

    • Breaking news

    The Euro (EUR) is soft, down a modest 0.3% against as it trades somewhat defensively with a slight pullback from Tuesday's fresh multi-year high, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.

  17. CAD down marginally into the BoC rate decision - Scotiabank
    • Breaking news

    CAD down marginally into the BoC rate decision - Scotiabank

    • Breaking news

    The Canadian Dollar (CAD) is soft, down a marginal 0.1% vs. the USD into Wednesday's dual BoC/Fed rate decisions, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.

  18. USD steadies into FOMC - Scotiabank
    • Breaking news

    USD steadies into FOMC - Scotiabank

    • Breaking news

    The US Dollar (USD) is showing signs of stabilization heading into Wednesday's FOMC, with modest gains against most of the G10 currencies as it attempts to claw back a portion of this week's losses, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.

  19. EUR/GBP drifts to 0.8670 lows after soft Eurozone inflation data
    • Breaking news

    EUR/GBP drifts to 0.8670 lows after soft Eurozone inflation data

    • Breaking news

    The Euro has given away some of Tuesday's gains on Wednesday.

  20. Gold Price Forecast: XAU/USD drifts from record highs, $3.660 support on focus
    • Breaking news

    Gold Price Forecast: XAU/USD drifts from record highs, $3.660 support on focus

    • Breaking news

    Gold is trading lower on Wednesday, weighed by generalised USD strength, as investors cut short Dollar positions ahead of the Fed's decision. The Precious metal turned lower from the $3,700 record high, with bears contained above the $3.6660 area so far.


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