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  • North American Edition2015-07-30 10:49 UTC

    EUR-USD extended post-FOMC declines, logging a new low for the week at 1.0942 in Europe. USD-JPY rallied to a fresh nine-day peak at 124.33. EUR-JPY also rebounded from a three-day low as the yen underperformed amid a backdrop of mostly firmer global stock markets as the Fed left the door to a September rate hike open without spooking equity investors. The Nikkei 225 index closed nearly 1% higher, and although China's markets dove in late trade, European ... Read More 

  • European Edition2015-07-30 07:03 UTC

    The dollar has traded firmer in the wake of the FOMC statement, which was near expectations in indicating continued moderate growth in the economy and "solid" gains in jobs, so keeping September in play for rate lift-off without spooking equity markets. The S&P 500 closed 0.7% for the better, and the positive sentiment passed over to Asia, including China. EUR-USD, meanwhile, was driven back below 1.1000 as the dollar rallied, extending to a new low ... Read More 

  • Asian Edition2015-07-29 20:28 UTC

    The dollar fell, rallied, then settled in to nearly unchanged after the FOMC announcement, where there were no surprises, and no hints dropped as to when rates might be raised. Ahead of the Fed, the FX market was relatively quiet, with only USD-CAD moving significantly after oil prices jacked up to one-week highs following a fall in U.S. inventories. The dollar dipped in the immediate aftermath of the FOMC statement though quickly moved higher after the ... Read More 

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