Forex
GBP/USD falls 0.21% on Wednesday following the release of a hot US inflation report, prompting investors to cut their dovish bets on the Federal Reserve. At the time of writing, the pair trades at around 1.3320.
Indices
S&P 500, Dow Jones, Nasdaq Analysis and pre-FOMC Trading Levels: The Stock Market bleeds as Middle East escalations shatter recent de-correlations. With WTI rebounding toward $100 following strikes on the South Pars Gas Facility, the Dow drops 1% ahead of the key FOMC meeting. Explore an intraday technical analysis of the markets.
Forex
USD/CAD trims part of its earlier gains on Wednesday as the Canadian Dollar (CAD) finds some support following the Bank of Canada’s (BoC) monetary policy announcement.
Commodities
Bank of Canada holds rates, WTI Crude Oil explodes higher and PPI marks yet another increase – Check out morning reactions and a few key charts ahead of today's FOMC event.
Forex
EUR/GBP holds firm on Wednesday after paring earlier losses, as steady Eurozone inflation data underpins the Euro (EUR), leaving the British Pound (GBP) under modest pressure.
Forex
DBS’s Philip Wee notes that Japanese authorities have sharply escalated verbal intervention as the Japanese Yen weakens toward 160 against the Dollar, citing speculative moves and rising living costs.
Commodities
Gold (XAU/USD) slides 2.3%, aggressively testing the $5,000 psychological support ahead of the FOMC meeting. Will a hawkish Fed trigger a freefall, or is this a discount opportunity?
Forex
ING’s Francesco Pesole highlights that EUR/USD is driven by war developments and Federal Reserve communication, with a hawkish Dot Plot revision posing downside risks for the pair.
The Bank of Japan is expected to hold rates at 0.75% as it navigates stagflation risks driven by the US–Iran war 2026. Despite weak sentiment reflected in the Nikkei 225, rising wages support a tightening bias. Meanwhile, USD/JPY trades near the 159.45–161.95 intervention zone, keeping markets on edge.
Forex
The AUD/USD pair trades marginally higher to near 0.7115 during the European trading session on Wednesday. The Aussie pair is expected to trade broadly sideways as investors await the Federal Reserve’s (Fed) monetary policy outcome at 18:00 GMT.
