TAG: Federal Reserve Rate Decision

USD/JPY – Yen goes on a tear after BoJ rate hike

The Japanese yen continues to sparkle. USD/JPY is trading at 150.27 in the European session, down 1.62% on the day at the time of writing. Earlier, the yen strengthened to 150.04, its highest level against the dollar since March 19. BoJ hikes rates, annou...

2 months ago

Australian dollar under pressure as inflation rises

The Australian dollar has edged lower on Wednesday. AUD/USD is trading at 0.6525 in the North American session, down 0.14% on the day. Earlier, the Aussie dropped as much as 0.9% and fell to a low of 0.6479 before recovering. Australian CPI climbs to 3.8%...

2 months ago