Euro Holds Up vs. US Dollar Despite Market Mayhem Before Fed Meeting

Euro Holds Up vs. US Dollar Despite Market Mayhem Before Fed Meeting https://www.dailyfx.com/forex/fundamental/daily_briefing/session_briefing/euro_open/2022/01/25/Euro-Holds-Up-vs-US-Dollar-Despite-Market-Mayhem-Before-Fed-Meeting.html The Euro curiously managed to hold up even as some major currencies sank against the US Dollar while brutal selling gripped global stock markets.

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AUD/USD rises to near 0.7050 as RBA rate hike bets increase 29 January 2026

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The NZD/USD pair trades in positive territory near 0.6055 during the early Asian session on Thursday. The New Zealand Dollar (NZD) edges higher against the Greenback amid encouraging New Zealand’s Trade Balance data.

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The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Thursday at 6.9771 compared to the previous day's fix of 6.9755 and 6.9521 Reuters estimate.

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Australia Import Price Index (QoQ) registered at 0.9% above expectations (-0.2%) in 4Q 29 January 2026

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New Zealand ANZ Business Confidence: 64.1 (January) vs previous 73.6

Breaking: Gold jumps above $5,500 for the first time on record 28 January 2026

Gold price (XAU/USD) surges to a fresh record high of $5,579 before retreating to around $5,500 in early Asian trading on Thursday. The rally of the precious metal is bolstered by strong safe-haven demand amidst persistent geopolitical tensions, economic uncertainty, and a weaker US Dollar (USD).

GBP/USD hesitates at four-year highs following lackluster Fed rate hold 28 January 2026

GBP/USD churned in place on Tuesday, hitting a brief patch of volatility but otherwise holding steady near four-year highs as the US Dollar (USD) struggles to find its footing.

Japan Foreign Investment in Japan Stocks dipped from previous ¥874B to ¥328.1B in January 23 28 January 2026

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USD/JPY gains traction above 153.00 as Bessent reaffirms strong US Dollar policy, Fed hold rates 28 January 2026

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EUR/USD slides below 1.2000 as Fed hold, Powell stance lift Dollar 28 January 2026

EUR/USD sustained losses of over 0.60% on Wednesday below the 1.2000 figure as the Federal Reserve keeps interest rates steady, while the Fed Chair Jerome Powell refrained from answering questions regarding politics, striking a neutral stance regarding monetary policy.

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New Zealand Trade Balance NZD (YoY) dipped from previous $-2.06B to $-2.2B in December 28 January 2026

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New Zealand Trade Balance NZD (MoM) came in at $52M, above expectations ($30M) in December 28 January 2026

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Euro Holds Up vs. US Dollar Despite Market Mayhem Before Fed Meeting

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