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WTI extends the rally to near $70.00 on US sanction threats to Russia

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $69.80 during the Asian trading hours on Thursday.

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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.

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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.

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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.

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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.

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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.

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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.

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Gold crashes below $3,280 as Powell pushes back on September rate cut

Gold price tumbled over 1.50% on Wednesday after the Federal Reserve, decided to hold rates unchanged, on a 9-2 split vote. Fed Chair Jerome Powell's leaning hawkish at the press conference, alongside strong Gross Domestic Product (GDP) figures for Q2 2025, weighed Bullion prices.

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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.

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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.

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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.

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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.

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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

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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.

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Trump trying to steal the limelight

Within the Federal Reserve's monetary policy announcement, US President Donald Trump is sharing his own words.

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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.

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Gold slips below $3,300 after Fed holds rates not unanimously

Gold Price extends its losses on Wednesday after the Federal Reserve's held interest rates unchanged though not unanimously as two dissenters, being Fed Governor Christopher Waller and Michelle Bowman. The XAU/USD traded volatile hoovering near $3,300 yet it remains down 0.71%.

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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.

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Dow Jones Industrial Average treads water ahead of Fed rate call

The Dow Jones Industrial Average (DJIA) was little changed through the early Wednesday session, trading in a tight circle around 44,600 ahead of the Federal Reserve's (Fed) latest interest rate decision.

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Silver Price Forecast: XAG/USD tests key support at $37.50 ahead of Fed decision

Silver (XAG/USD) drifts lower on Wednesday, hovering around $37.50 after two days of muted, range-bound trading, pressured by renewed strength in the US Dollar (USD). The Greenback extended its rally after a string of stronger-than-expected US economic data, putting pressure on precious metals.

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