OctaFX | OctaFX Forex Broker
Open trading account

AUD/USD falls to 6-month lows after FOMC

FXStreet (Córdoba) - US dollar soared across the board following the FOMC statements and pushed AUD/USD to 0.8975, reaching a fresh 6-month lows. Currently is moving off session lows, trading around 0.9000 as traders await Yellen’s words.

From today’s opening price the pair is falling a hundred pips, having so far the worst day in week but as Greenback pulls back in the market, the trend for the next minutes is not clear.

The FOMC cut the QE program by another $10 billion to $15 billion and left rates unchanged as widely expected. Expectations about a rate hike sooner that expected rose after FED statements and projections, favoring dollar bulls.

GBP marking territory in 1.62 handle post Fed

GBP/USD is trading at 1.6293, up 0.10% on the day, having posted a daily high at 1.6360 and low at 1.6249.
Read more Previous

EUR/USD working it’s way up from the lows on Yellen

EUR/USD is trading at 1.2943, having posted a daily high at 1.2982 and low at 1.2897.
Read more Next
Start livechat