GBP/USD climbs after the Federal Reserve decided to cut rates as expected on a 9-3 vote split, that witnessed two members voting for holding rates, while Fed Governor Stephen Miran voted for a 50-basis points rate cut. At the time of writing, the pair trades at 1.3350 up 0.46%
The Canadian Dollar (CAD) trades under pressure against the US Dollar (USD) on Wednesday as markets digest the latest interest rate decision from the Bank of Canada (BoC).
The AUD/USD pair is seen consolidating its recent strong gains to the highest level since September 18, touched the previous day, and seesaws between tepid gains/minor losses through the Asian session on Wednesday.