FxAnalysis

The Euro (EUR) lost further ground on Thursday, pushing EUR/USD down towards three-day lows in the mid-1.1700s and adding to the post-Fed retracement.

Spot Gold extends its slide on Thursday, bottoming during American trading hours at $3,627.98. The US Dollar (USD) gathered near-term momentum following the release of encouraging United States (US) data.

The Australian Dollar (AUD) lost more ground on Thursday, with AUD/USD sliding back toward the 0.6600 support zone. The dip comes just a day after the pair briefly tested levels above 0.6700, marking multi-month highs.

The EUR/USD pair eases below the 1.1800 early in the American session on Thursday, as market players keep digesting the United States (US) Federal Reserve (Fed) monetary policy announcement.

The GBP/USD pair attracts some buyers near the 1.3585 region on Thursday, and for now, it seems to have stalled the post-FOMC retracement slide from its highest level since early July, which it touched the previous day.

The Euro (EUR) lost momentum on Wednesday, pulling EUR/USD down toward 1.1820 and snapping a four-day winning streak that had carried the pair to multi-year highs around 1.1920.