The US Federal Reserve (Fed), easily the largest and most powerful central bank in the world, just decreased its Federal Funds Interest Rate by 50 basis points (bps) to a reference range of 5.0-5.25% percent.

The AUD/USD reached a high of 0.6800 before falling back toward the 0.6760 level in the wake of the Federal Reserve's (Fed) decision to cut interest rates by 50 basis points to 5%.

The USD/CHF recovered after whipsawing after the Federal Reserve lowered borrowing costs by 50 basis points (bps), though it reaffirmed its data-dependent stance, according to Chairman Jerome Powell.

The Australian Bureau of Statistics (ABS) will release the monthly employment report at 1:30 GMT on Thursday.

GBP/USD hit a fresh 30-month high on Wednesday, pushed within inches of the 1.3300 handle after the US Federal Reserve (Fed) trimmed interest rates by a jumbo 50 bps and chalking in the US central bank’s first rate cut in over four years.

Sokoto government alleges that the administration of Mr Tambuwal did not account for ₦16.1 billion shares sold through the state’s investment company.

The USD/CAD pair posts modest gains around 1.3605 during the early Asian session on Thursday.

In an effort to give the public a better understanding of how it makes its policy rate decisions, the Bank of Canada is giving an inside look into the process. In a speech before the Sherbrooke Chamber of Commerce on Thursday, Bank of Canada deputy governor Nicolas Vincent laid out the steps the central bank goes through before reaching a decision. “We are fully conscious of the responsibilities the bank has toward all Canadians,” Vincent said. “To maintain the public’s trust, we must be rigorous, professional, humble, honest and transparent.” Here’s a breakdown of the process, according to Vincent’s speech.

The Federal Reserve has cut interest rates by a bigger-than-expected 0.5 percentage points in its first reduction in more than four years.

The USD/JPY pair gains traction around 143.55 on Thursday during the early European session.

The Australian Dollar (AUD) recovered its daily losses and continues its winning streak against the US Dollar (USD), following the labor market report released on Thursday.

Gold price (XAU/USD) witnessed an intraday turnaround after hitting a new record high, around the $2,600 mark and settled in the red for the second straight day on Wednesday.

The Indian Rupee (INR) loses ground amid the recovery of the US Dollar (USD) on Thursday.

The Japanese Yen (JPY) holds losses against the US Dollar (USD) on Thursday.

The USD/CAD pair struggles to capitalize on the Asian session move up to the 1.3645-1.3650 region, or a one-month top and drops to the lower end of its daily range in the last hour.

NZD/USD trades around 0.6210 during the Asian session on Thursday.

The EUR/USD pair trades flat during the early European session on Thursday.

A heavy rush of women was witnessed on Wednesday at Baliapal branch of Indian Bank in Bari block of Jajpur district after the first instalment under the Subhadra scheme was credited to the bank...

USD/CHF holds its gains around 0.8480 during Thursday’s Asian hours following a volatile session on Wednesday due to the US Federal Reserve’s (Fed) interest rate decision.

After a close call in August, the Bank of England’s (BoE) September interest rate decision is keenly awaited for fresh cues on the bank’s future policy action and the pace of its bond sales.

The GBP/JPY cross trades in positive territory for the fourth consecutive day near 188.65 on Thursday during the early European session.

The EUR/GBP cross drifts lower to near 0.8405 during the early European trading hours on Thursday.

Here is what you need to know on Thursday, September 19: Following the wild fluctuations seen in financial markets in the American session on Wednesday, volatility remains high early Thursday.

The Mexican Peso (MXN) seesaws between tepid gains and losses in its most heavily-traded pairs during the European session on Thursday, after a stronger start in which it rose as global stocks rallied amid an upbeat risk tone that is generally positive for emerging market FX.

AUD/JPY continues its winning for the fourth successive day, trading around 97.10 during the early European hours.

The Bank of England kept its main interest rate unchanged at 5% Thursday despite a big cut from the U.S. Federal Reserve, its first since the onset of the coronavirus pandemic more than four years ago.

The USD/CHF pair attracts some sellers following an intraday uptick to the 0.8515 area, or a one-week high and drops to a fresh daily low during the first half of the European session on Thursday.

USD/CAD trades around 1.3550 during Thursday’s European hours.

EUR/USD gives up half of its intraday gains but holds the crucial support of 1.1100 in Thursday’s North American session.

Gold (XAU/USD) edges higher and trades back in the $2,570s on Thursday after falling to the $2,540s following the US Federal Reserve (Fed) decision on interest rates the prior day.

The Bank of England (BoE) announces its policy decision on Thursday, and everyone is expecting not rate cut.

Check back for updates throughout the trading day

Minister Durgesh seeks ₹400 crore aid for Andhra Pradesh tourism corridors, focusing on hospitality and development of key destinations.

The AUD/USD pair posts a fresh eight-month high near 0.6840 in Thursday’s European session.

Still, the decision may be close, with economists in a separate survey expecting the MPC to be split on the decision, with most members favouring a quarter-point reduction.

The US Dollar (USD) trades back at levels where it was before the  US Federal Reserve (Fed) meeting took place, and is even heading higher just ahead of the US trading session. Traders quickly pared back initial losses on Wednesday after Fed Chairman

The bold move from the Fed was accompanied by a significant shift in the Fed’s rate outlook.

EUR/GBP is trading lower in the 0.8390s on Thursday, as it extends its breakdown from the shallow channel it had been edging higher within since the end of August.

The Bank of England has maintained its interest rate at 5%, contrasting with the US Federal Reserve’s rate cut to 4.8%. Inflation concerns in the UK, particularly in the services sector, have driven this cautious approach.

Prime interest rate of commercial banks falls to 11.5%.

Reserve Bank governor Lesetja Kganyago announced on Thursday afternoon that the central bank’s monetary policy committee (MPC) had opted for a repo rate cut of 25 basis points to 8%

The Euro rallied sharply against the Japanese Yen on Thursday amid a scarce economic docket.

Reserve Bank governor Lesetja Kganyago announced on Thursday afternoon that the central bank’s monetary policy committee (MPC) had opted for a repo rate cut of 25 basis points to 8%

Government negotiates with liquor companies to provide quality liquor at ₹99, expecting revenue of ₹2,000 crore. New policy soon.

The Mexican Peso remained unchanged against the US Dollar during the North American session on Thursday after the Federal Reserve (Fed) lowered interest rates for the first time in four years.

The Dow Jones Industrial Average (DJIA) pierced the 42,000 psychological level on Thursday as equities drove higher in a broad-market bull run after the Federal Reserve (Fed) finally delivered its first rate cut in over four years.

The US Dollar Index (DXY), which measures the value of the USD against a basket of currencies, is trading flat near 100.70 on Thursday as the market digests the Federal Reserve's (Fed) 50-basis-point (bps) cut.

Goldman Sachs (GS) is a primary winner of the Federal Reserve’s (Fed) interest rate decision on Wednesday in more ways than one.

The Federation of Unions of South Africa (Fedusa) said the 25-basis point cut in the repo rate will have a positive effect on workers and households already burdened by the high cost of living and affordability.

The Greenback could not sustain the optimism seen during the Asian trading hours, eventually surrendering that advance and ending the day with marked losses as investors assessed the prospects of further easing by the Fed in the months to come.