10 minutes ago

GBP/USD holds below 1.3800 as Fed split decision keeps USD firm

GBP/USD stays below the 1.3800 figure after the Federal Reserve’s decided to keep interest rates on hold, on a 10-2 vote split as two Fed Governors opted for a rate cut of 25 basis points. The pair trades volatile within the 1.3740-1.3790 range, ahead of the Fed Chair Jerome Powell press conference.
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27 minutes ago

US Dollar holds steady following Fed rate hold

The US Dollar Index (DXY) jostled but overall remained in Wednesday’s trading neighborhood after the Federal Reserve (Fed) delivered its standard interest rate decision, holding interest rates steady in the 3.5-3.75% range and noting its data-dependent approach. 
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