* S&P 500 up 0.05%, Nasdaq rebounds 0.6% * European stocks boosted by upbeat earnings. * China blue-chip index closes up 0.2% * Yuan edges back from three-month lows. * Dollar makes marginal gains. * Fed statement due at 2 p.m. EDT. By Koh Gui Qing and Tom Arnold.
* Dollar initially spiked after the Fed policy statement. * More details on Fed tapering due at Jackson Hole meeting. By John McCrank and Saqib Iqbal Ahmed. The dollar eased on Wednesday after the U.S. Federal Reserve said the economic recovery is on track despite a rise in COVID-19 infections in a policy statement that was upbeat but did not set a timeline for tapering Fed asset purchase.
Most Latin American currencies and
stocks rose on Wednesday, with Colombia's peso looking to end
its longest losing streak in more than 2-1/2 years, while the
U.S. Federal Reserve's ...
* S&P 500 up 0.05%, Nasdaq rebounds 0.6% * European stocks boosted by upbeat earnings. * China blue-chip index closes up 0.2% * Yuan edges back from three-month lows. * Dollar makes marginal gains. * Fed statement due at 2 p.m. EDT. By Koh Gui Qing and Tom Arnold.
Most Latin American currencies and
stocks rose on Wednesday, with Colombia's peso looking to end
its longest losing streak in more than 2-1/2 years, ahead of the
U.S. Federal Reserve's ...
* Dollar gains 0.2% ahead of Fed. * Policy statement due at 1800 GMT. * Analysts expect no major policy shift. By Saqib Iqbal Ahmed and Tom Wilson. The dollar edged higher on Wednesday, even as investors held off placing major bets ahead of the outcome of a U.S. Federal Reserve meeting, keeping currency moves largely contained.
The Canadian dollar
strengthened against its U.S. counterpart on Wednesday as stock
markets calmed globally, but gains were capped by data showing
national inflation rose less than expected in June.
* Graphic: World FX rates in 2020 http://tmsnrt.rs/2egbfVh. * Graphic: Trade-weighted sterling since Brexit vote http://tmsnrt.rs/2hwV9Hv. By Elizabeth Howcroft. Sterling held firm near a 13-day high against the dollar on Wednesday after a run of falling UK COVID-19 infections raised investor hopes that the Bank of England could be less dovish than expected when it meets next week.
* Dollar gains 0.1% ahead of Fed. * Policy statement due at 1800 GMT. * Analysts expect no major policy shift. * Safe-haven yen, euro, Swiss franc also stable. By Tom Wilson. The dollar stood firm on Wednesday after being pinned down earlier, with investors holding off on placing major bets ahead of the outcome of a U.S. Federal Reserve meeting.
* Graphic: World FX rates in 2020 http://tmsnrt.rs/2egbfVh. * Graphic: Trade-weighted sterling since Brexit vote http://tmsnrt.rs/2hwV9Hv. By Elizabeth Howcroft. Sterling held firm in early London trading on Wednesday, close to a 13-day high against the dollar despite a broader tone of risk aversion in currency markets ahead of a U.S. Federal Reserve meeting.
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