Most Asian currencies moved in a flat-to-low range on Thursday as the dollar firmed sharply after an outsized interest rate cut by the Federal Reserve was offset by less dovish signals on future rates. 

Alphabet Inc. (NASDAQ:GOOGL) CEO Sundar Pichai has sold a portion of his company stock, totaling over $3.6 million.

U.S. stock index futures rose in evening deals on Wednesday after the Federal Reserve cut rates by a wider 50 basis points and kicked off an easing cycle that is likely to see rates fall further. 

Bitcoin price dropped after the Federal Reserve made its first rate cut since the Covid pandemic, reducing borrowing rates by a half percentage point, or 50 basis points.

Oil prices fell in Asian trading on Thursday after a larger-than-expected Federal Reserve interest rate cut sparked concerns about the U.S. economy.

The dollar edged higher in choppy trading after the Federal Reserve on Wednesday cut interest rates by half a percentage point, citing greater confidence that inflation will continue to recede to the U.S. central bank's 2% annual target.