Australian Dollar gave up gains following Fed's decision

On Tuesday, the Australian Dollar (AUD) gained against the US Dollar (USD), countering the prior bearish pressure, and is now lingering around the 0.6705 area.

Mexican Peso falls amid hawkish Fed, and rate cut expectation roil currency

The Mexican Peso extended its losses for the second straight day on Wednesday against the US Dollar after hitting a 14-month low of 18.99, as traders remained nervous about controversial reforms to the Mexican constitution.

Gold price holds firm post Fed’s decision, upbeat US inflation report

Gold prices climbed on Wednesday following a lower-than-expected inflation report in the United States (US), which increased the odds of a Federal Reserve (Fed) interest rate cut later in the year.

BoC’s Macklem: We’re not close to limit of divergence with Fed

Bank of Canada (BoC) Governor Tiff Macklem reiterated on Wednesday that there is a limit to how far the Canadian central bank can diverge on rates from the Federal Reserve (Fed), but they’re not close to that limit.

Australia’s Unemployment Rate decreases to 4.0% in May vs. 4.0% expected

Australia is set to release the May employment report on Thursday at 1:30 GMT.

China’s SAFE: Will strengthen FX situation monitoring and policy reserves

China’s FX regulator, the State Administration of Foreign Exchange (SAFE), said in a statement on Thursday, it “will strengthen FX situation monitoring and policy reserves.” Additional quotes Will severely crack down on illegal FX activities.

USD/INR edges higher on the Fed’s hawkish hold, renewed US Dollar demand

Indian Rupee (INR) weakens on Thursday amid the persistent US Dollar (USD) demand from local oil companies and other importers.

Forex Today: Post-CPI USD selloff pauses ahead of producer inflation data

Here is what you need to know on Thursday, June 13: The US Dollar (USD) seems to have stabilized early Thursday after suffering large losses against its major rivals on soft inflation data on Wednesday.

Gold price faces some selling pressure amid hawkish Fed, modest USD strength

Gold prices (XAU/USD) gained positive traction for the third successive day on Wednesday and touched a fresh weekly peak, around the $2,341-2,342 area in reaction to softer US consumer inflation figures.

Australian Dollar fails to find support from robust employment data

The Australian Dollar (AUD) edges lower despite the employment data release on Thursday.