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CCY - CCY Delayed price. Currency in USD
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0.6045-0.0005 (-0.0846%)
As of 12:56AM BST. Market open.
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Previous close0.6050
Day's range0.6045 - 0.6052
52-week range0.5774 - 0.6655

    Asia FX edges higher as rate cut bets dent dollar; TWD, CNY lag Most Asian currencies advanced slightly on Wednesday, gaining more ground against the dollar amid growing optimism that the Federal Reserve was close to cutting interest rates.


    Dollar steady ahead of Powell Mark II; euro looks to French politics

    The dollar traded in a tight range Wednesday in the wake of Powell’s initial testimony before Congress, with the Fed chair flagging the recent labor market cooling as an increasingly important factor in deciding when the U.S. central bank will start cutting interest rates. Powell also said a rate cut is not appropriate until the Fed gains "greater confidence" that inflation is headed toward the 2% target. Powell returns to Washington later Wednesday, and traders will be looking for more refinement in his comments ahead of Thursday’s vital consumer inflation data.


    Asia FX flat as dollar steadies on Powell comments; Kiwi sinks on dovish RBNZ Most Asian currencies moved in a flat-to-low range on Wednesday as the dollar found some strength after Federal Reserve Chair Jerome Powell offered no direct cues on interest rate cuts.