The Dow Jones eased lower on Friday, testing below 45,500. Equities recoiled after US PCE inflation metrics rose in-line with forecasts. Despite fresh inflation pressure, markets...
NZD/USD gains further to near 0.5900 amid upbeat market mood. Investors await the US PCE inflation data for fresh cues on the monetary policy outlook. Cooling...
The US Dollar Index has retraced to near 98.30 from Monday’s high of 98.55 as Trump fires Fed Governor Cook. Fed Cook’s removal has raised concerns...
USD/CHF drops nearly 1% to 0.8000 after briefly hitting a two-week high earlier in the day. Fed Chair Powell struck a cautious balance at Jackson Hole,...
The Dow Jones shattered price records on Friday, hitting above 45,700 for the first time ever. Equities and general risk appetite soared after Fed Chair Powell...
United States (US) President Donald Trump delivered his latest thoughts on his efforts to be the primary peace deal broker between Russia and Ukraine on Wednesday,...
AUD/USD climbs for the fourth straight day, buoyed by a weaker US Dollar and rising expectations of a September Fed rate cut. Markets are fully pricing...
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On Thursday, Banco de Mexico (Banxico) reduced interest rates by 25 bps as expected by analysts, leaving the main reference rate at 7.75%. The decision was...
Gold firms above $3,350 as the US Dollar remains under pressure on Monday. The soft July NFP report has heightened market bets on a potential interest...
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The Dow Jones tumbled over 1.85% on Friday peak-to-trough. US NFP jobs figures came in well below expectations alongside steep revisions. A shuddering labor market has...
The Euro weakens against the Pound as focus shifts to Thursday’s ECB policy decision. The ECB is expected to keep rates unchanged at 2.00%. Eurozone Consumer...
Bill Pulte, the Trump-selected Director of the Federal Housing Finance Agency and former chairman of Fannie May and Freddie Mac, nodded to entirely-uncomfirmed reports that Federal...
Bill Pulte, the Trump-selected Director of the Federal Housing Finance Agency and former chairman of Fannie May and Freddie Mac, nodded to entirely-uncomfirmed reports that Federal...
Reserve Bank of Australia (RBA) Governor Michele Bullock is addressing the press conference, explaining the reason behind unexpectedly leaving the key interest rate unchanged at 3.85%...
Reserve Bank of Australia (RBA) Governor Michele Bullock is speaking a press conference following the announcement of the July monetary policy decision on Tuesday. Earlier this...
European Central Bank (ECB) Governing Council member Mario Centeno said on Wednesday, “I’m still cautious, following all data available.” Additional quotes I’m worried about investment in...
Bank of Japan’s (BoJ) new board member Kazuyuki Masu said on Tuesday, he would “want to scrutinize how prices move after recent spike in price of...
21 of 26 economists forecast Banxico will cut rates from 8.50% to 8.00% next week. Deputy Governor Heath signals caution, favoring a pause to assess data....
The Japanese Yen struggles for a firm intraday direction following the crucial BoJ policy decision. Rising geopolitical tensions and relatively hawkish BoJ expectations act as a...