The U.S. Federal Reserve holds its benchmark interest rate steady at a 23-year high of 5.25-5.50 percent due to recent stubborn inflation, hinting that borrowing costs will remain at about
Australian Dollar drops toward a psychological level after weaker Retail Sales fxstreet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fxstreet.com Daily Mail and Mail on Sunday newspapers.
NZD/USD drops to near 0 5950 ahead of Fed decision on Wednesday fxstreet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fxstreet.com Daily Mail and Mail on Sunday newspapers.
Investors focus will be on the Budget even though it is a vote on account, Since it is colliding with the US Fed outcome where rates were kept unchanged, analysts expect markets to see some volatility.