AUD rises as Fed holds rates steady
The Australian Dollar rose sharply against the US Dollar after the Federal Reserve held rates steady despite US inflation remaining well above its 2% target; the decision was not unanimous with two members dissenting in favor of a 25bp hike.
Original · FXStreet AI summary of public reporting
Why: Fed holds rates with hawkish dissent → supports AUD and EUR
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Prices since publication
At publication → CurrentEUR1.115 → 1.116+0.1%
JPY158.02 → 157.72−0.2%