Currencies
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NZD/USD: Kiwi stumbles on weak growth data
New Zealand's currency took a dive after data showed growth of just 0.3% in Q1, as the effects of the country's worst drought in 70 years hampered agricultural output. The kiwi tumbled half a percent on the news.
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Bernanke sticks to thresholds, exit talks continue
Fed chief Bernanke said at the press conference following the FOMC statement that the bank's asset purchases may start reducing this year and may end in mid-2014 if economic forecasts are realized, while stressing that a rate hike would follow much later.
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EUR/USD: US dollar broadly higher after FOMC statement
The US currency was seen rising as the FOMC kept the benchmark interest rate unchanged and decided not to taper its asset pruchase program.
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AUD/USD: Aussie falling after no tapering of Fed
The Australian currency erased gains from previous trading session as the bearish sentiment prevailed after FOMC statement.
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GBP/USD: Sterling rebounding ahead of FOMC meeting
Sterling rebounded, erasing all its previous losses as of European afternoon trading. The pound was bought as investors prepared for the US Federal Reserve FOMC meeting, the single biggest impact event of the day.
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AUD/USD: Aussie bulls wake up after 3 days of falling
The Australian currency has been trading higher on Wednesday after the US opening bell, as a small bullish correction interrupted three days of falling.
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GBP/USD: Sterling pares daily losses ahead of FOMC
The pound ticked slightly higher during European midday trading on Wednesday, while all focus bears down on the Fed's monetary statement along with a speech from its chief Bernanke that will be delivered during New York hours.
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GBP/USD: Sterling drops as BoE QE remains unchanged
Sterling ticked slightly lower versus the dollar after the latest BoE MPC Minutes revealed outgoing Governor King maintained his pro-QE appetite at the June meeting.
Central Banks
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- Currencies NZD/USD: Kiwi stumbles on weak growth data Bernanke sticks to thresholds, exit talks continue EUR/USD: US dollar broadly higher after FOMC statement More »
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