New highs and lows for currencies after the FED meeting
The American benchmarks closed higher on Wednesday after the Federal Reserve announced that it would keep the interest rates as they are (in arrange between 0% - 0.25%). USA30 rose 0.61%, while USA500 added 1.25%. TECH100 gained 1.35%.
Gold settled up higher by 0.4% at $1,952.60 per ounce.
The Dollar Index hit its lowest point since June 2018, settling at 93.17.
Asia and Australia
The Asian markets were up in expectance of the US Federal Reserve’s decision. Japan225 was up 0.3%.
Australia200 climbed 0.7%.
HongKong45 rose 0.2%.
USD/JPY reached its lowest level since March, trading at 104.81.
AUD/USD reached its highest level since April 2019 at 0.7194.
The European markets were mixed once again, as various banking institutions released their financial reports. Moreover, the markets were expecting the latest policy announcement from the American Federal Reserve.
GBP/USD reached a four-month high, trading at $1.3013.
EUR/USD was up 0.4% at 1.1757.
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Sources: investing.com, marketwatch.com
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