Gold moved higher after Fed Chair Powell calmed market fears about premature policy tightening despite a more optimistic set of economic projections from Federal Reserve members.

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The Fed maintained its policy rate and asset purchasing program unchanged during the FOMC meeting, sending a dovish message to equity markets. The Dow Jones led the Nikkei 225 higher while the ASX …

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The Australian Dollar gained as a blowout jobs report crossed the wires. Ahead, AUD/USD may rise alongside stocks in the aftermath of the FOMC monetary policy announcement.

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The New Zealand Dollar is gaining against the Greenback after a dovish Federal Reserve sank the US Dollar, allowing NZD/USD to largely ignore New Zealand’s Q4 GDP miss.

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