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United States Fed Interest Rate Decision in line with forecasts (4%)

GBP/CAD tumbles to August lows as BoC signals end of easing cycle

The British Pound (GBP) continues to lose ground against the Canadian Dollar (CAD) on Wednesday as traders react to the Bank of Canada’s (BoC) “hawkish cut.” At the time of writing, GBP/CAD trades around 1.8381, hovering near its lowest level since early August and extending losses for the ninth str
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US Dollar Index roils after Fed delivers expected interest rate moves

The US Dollar Index (DXY) churned after the Federal Reserve (Fed) delivered a widely-anticipated 25 basis point interest rate cut on Wednesday.
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