The Federal reserve leaves unchanged its interest rate at 0.25%

Mar 20, 2013

Forex: GBP/USD holding steady around 1.5130/35

After climbing to the area of 1.5185 post-BoE minutes, the sterling initiated a correction lower to the current levels around 1.5130/35, ahead of the FOMC minutes due later...

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Mar 20, 2013

Forex: USD/JPY eases to 95.40/42 after Fed

The USD/JPY has been inching higher all day Wednesday, as risk appetite leading up the Fed has proven to be a boon for the pair. After operating positively for the entirety of the European session, cross fell off an intraday maximum of 95.73, moving to 95.40/42 following the recent update from the Fed. At the time of writing, the pair is securing an advance of +0.29% above its opening.

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