Attention shifts to Europe and Asia after the Fed and Bank of Canada. Reuters says the European Central Bank decides later on Thursday and is expected to hold rates unchanged, while the Bank of Japan ends a two-day meeting on Friday, also expected to hold.
Prices observed
- Gold futures were quoted near 4,043, down about 0.2% on a news-site ticker. Earlier reports had spot gold around 4,050 after the Fed.
- AUD/USD was about 0.705, near a one-month high, while NZD/USD was near 0.562 after the RBNZ's unexpected hold at 2.75%.
- The euro was near 1.1134, having been described by FXStreet on Wednesday as steady near 17-month lows.
Next week brings the US midterm elections plus US jobs and inflation data. See trading around high-impact news events for handling spread widening on release days.
Quotes are snapshots from news reports and may have moved. Market commentary only, not a trading recommendation.