US dollar firms as investors await Fed interest rate decision
The U.S. dollar was firmer against major currencies on Wednesday as investors awaited the Federal Reserve's monetary policy decision, as well as clues on the trajectory of interest rates this year. The Fed is widely expected to hold interest rates steady at the end of its first policy meeting of the year on Wednesday.
Key Takeaways From Fed Decision to Hold Rates Steady
Here are key takeaways from the Federal Reserve's interest-rate decision on Wednesday: Federal Open Market Committee votes unanimously to maintain benchmark rate in target range o
U.S. stocks open mostly lower ahead of Fed rate decision
U.S. stock indexes were mostly lower on Wednesday morning ahead of the release of the Federal Reserve's first monetary-policy decision of the year. The Dow Jones Industrial Average was flat, trading at around 44,
US dollar firms against peers after Fed holds rates steady
The U.S. dollar was firmer against major currencies on Wednesday after the Federal Reserve left interest rates unchanged as widely expected, but gave scant clues about further reductions in borrowing costs this year.
Dollar Rises Ahead of Fed Rate Decision
The dollar edged higher ahead of the Fed meeting, and XTB said while the central bank could defy expectations by sounding less cautious about the pace of future rate cuts, any dollar falls were likely to be limited,
Stocks diverge, dollar steady before Fed rate decision
Equity markets diverged Wednesday as attention turned away from recent turbulence in tech stocks to the outlook for interest rates, with the Fed and the ECB both holding their first
Gold holds steady ahead of US Fed decision
Gold prices were steady on Wednesday as market participants were cautious ahead of the U.S. Federal Reserve's interest rate decision due later in the day, while also pondering the implications of President Donald Trump's trade policies.
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