Federal Reserve (FED) news

The Federal Reserve (FED) is the central banking system in the US. It manages monetary policy to maintain price stability and promote maximum employment. It primarily uses the federal funds rate and open market operations to influence interest rates and the money supply, impacting the US economy and global markets. It also provides forward guidance to shape market expectations.

GBP/USD Technical: Sterling rallied to a new 4-week high, eyeing next resistance at 1.3715/3750 as FOMC looms

GBP/USD extended its recovery, rallying 1.2% to test resistance near 1.3650, supported by strong UK jobs data showing a 232k employment gain and steady 4.7% jobless rate. Sterling’s bullish momentum remains intact above 1.3590/1.3570, with upside targets at 1.3715 and 1.3750. A widening UK–US 2Y yield spread continues to favor the pound, ahead of the Fed’s FOMC decision and updated dot plot projections.

16-09-2025 10:20 GMT by Kelvin Wong

Markets Today: Gold Hits Fresh-Highs, UK Wage Growth Slows, US Dollar Slips, FTSE 100 Hovers at Support

Global stocks & gold hit record highs, UK wage growth slows, and the US dollar slips. Get insights on the FTSE 100, Asian markets, oil prices, and upcoming economic data.

16-09-2025 09:02 GMT by Zain Vawda