Dollar Extends Post-FOMC Losses

NZD/USD trades at highest level since early October

Post-FOMC rally in US equities fades. Treasuries modestly lower in yield. US dollar extends recent decline. Monthly job growth in Australia weaker than expected

USD retreats post-FOMC – OCBC

Following the Federal Free Market Committee (FOMC) conference, the United States Dollar (USD) softened broadly while threat proxies, non-USD currencies, rare-earth elements, and even crypto possessions saw useful relocations. DXY last seen around 98.46 levels, OCBC’s FX experts Frances Cheung and Christopher Wong note. Danger possessions and rare-earth elements gain ” Post-FOMC market response has actually stayed useful for threat proxies, rare-…

USD extends post-Fed slide as DXY nears 98.00 – ING

The US Dollar (USD) weakened further after the Fed meeting, with Dollar Index (DXY) closing near 98.00 as rate expectations shifted lower and seasonal pressure added to the bearish tone, ING's FX analyst Frantisek Taborsky notes.

Dollar Index: Bears Accelerate After Fed, on Track for Third Consecutive Weekly Loss - ActionForex

The Dollar Index extends steep-post-Fed fall into second straight day, hitting the lowest in six weeks on Thursday. Fed’s 25 basis points rate cut and relatively dovish Chair Powell’s comments deflated the dollar across the board, with 0.85% drop in past 24 hours, contributing to broader weakness and keeping the index on track for the […] The post Dollar Index: Bears Accelerate After Fed, on Track for Third Consecutive Weekly Loss appeared first…

Dollar Extends Post-FOMC Losses

The dollar index (DXY00 ) tumbled to a 1.75-month low on Thursday and finished down by -0.43%. The dollar was under pressure Thursday on negative carryover from Wednesday after the FOMC cut the federal funds target range by -25 bp and said it would boost liquidity in the financial system...