Breaking: Fed leaves policy rate unchanged, USD weakens modestly with initial reaction

The Federal Open Market Committee (FOMC) on Wednesday announced that it left the benchmark interest rate, the target range for federal funds, unchanged at 0%-0.25% as widely expected. 

Follow our live coverage of the FOMC decision and the market reaction.

Fed Press Conference: Chairman Jerome Powell speech live stream – July 29.

Developing story...

USD/CHF under pressure ahead of Fed, testing critical lows

USD/CHF is trading at 0.9139 ahead of the Federal Reserve, down by 0.43% having travelled within a 0.9132/87 range on the day so far. The greenback ca
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