Aussie drops against US Dollar ahead of FOMC decision

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Source: FXstreet
The Australian Dollar extended losses versus the Greenback on Wednesday as traders look ahead of Fed announcement. Moreover, commodities rout and high volatility in Chinese stocks dragged the Aussie lower, while stronger Kiwi also added to decline in its Australian counterpart. The AUD/USD pair slip 0.29% at $0.7314 by 08:10 AM GMT, after rebounding from $0.7300 lows.
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Wed, 29 Jul 2015 13:16:04 GMT

US futures slightly higher ahead of FOMC meeting

US stock futures were marginally higher on Wednesday ahead of the Federal Open Market Committee's statement on economy and hints on rate hike timeline. The S&P 500 futures edged 0.1% higher to 2,090.25 points, the NASDAQ 100 Index rose 0.2% to 4,565 points, while the Dow Jones Industrial Average added 0.2% to 17,580 points by 9:25 AM GMT. 

Wed, 29 Jul 2015 09:32:07 GMT

Euro falls after European markets open

The common currency declined against the Greenback after opening bell on Wednesday, as market participants anticipate Fed's statement later on. The Euro edged 0.01% lower to 1.1061 against the Dollar by 8:40 AM GMT but traded as much as 0.21% below today's opening price. Moreover, the shared currency added small gains against the Japanese and British counterparts.  

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