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Forex traders take some profits off the table after U.S. dollar’s rally.
Traders buy gold ahead of Fed decision.
The GBP/USD barely moved after the Federal Reserve (Fed) cut rates by 25 basis points (bps) to the 4.50%—4.75% range. At the time of writing,
EUR/USD trimmed its wick on Thursday, easing back below the 1.0800 handle after the Federal Reserve (Fed) delivered a widely-anticipated 25 bps rate trim. With
Pound Sterling Price News and Forecast: GBP/USD steady as Fed cut rates, traders await Powell’s guidance
The AUD/USD currency pair declined but holds gains around 0.6640 after the Federal Reserve (Fed) cut its target range for the federal funds rate by
Gold prices held firm and posted gains of over 1% after the Federal Reserve (Fed) lowered interest rates by 25 basis points (bps), as expected.
USD/JPY roiled just north of the 153.00 handle on Thursday as investors grapple to find something motivational after the Federal Reserve (Fed) widely met market
