Although Fed News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stocks are higher in the US, yields are modestly lower ahead of the US jobs report..

Dollar making efforts to continue this week's rebound, but momentum appears to be lacking, except against Yen. Additionally, its ascent is being challenged by Swiss Franc, which currently stands as the day's strongest performer, propelled by substantial buying against Euro and Sterling. Commodity currencies are capitalizing on the stabilizing risk sentiment, slowly clawing back against Dollar's advances.

The Federal Reserve on Wednesday announced that it would hold interest rates steady for now, as officials declined to raise the central bank’s benchmark rate for the first time in more than a year. Before today’s announcement, the Fed had raised rates at 10 consecutive meetings over 15 months in an effort to cool the economy and bring inflation under control. Many analysts expected the central bank to announce a pause today, thinking the Fed was likely done with rate increases, but the Fed’s pol

Might have to hope for some Q&A

The US Dollar Index has been moving in a downtrend since early October with investors anticipating a less aggressive policy tightening by the Fed in l