The Greenback regained some balance and managed to partially reverse its recent strong sell-off, particularly in the wake of the US CPI. In the meantime, Fed...
Dow Jones sheds 0.21% on Monday after NY Fed inflation survey accelerated. Markets continue to pin hopes on Fed rate cuts in 2024. US PPI, CPI...
Federal Reserve (Fed) Board of Governors member Michelle W. Bowman noted that she is skeptical about the chances of a rate cut in 2024 while speaking...
Minneapolis Federal Reserve (Fed) President Neel Kashkari added his voice to the procession of Fed officials giving their views on the US inflation outlook and the...
Mexican Peso strengthens as the USD/MXN drops 0.21%, following April’s hot inflation report. Consumer Price Index data shows prices remain above Banxico’s target range, hinting it...
EUR/GBP trades on a stronger note for three straight days near 0.8605 on Thursday. The BOE is anticipated to keep its main interest rate at a 16-year high of 5.25% at its May meeting on...
Bank of Japan (BoJ) published the Summary of Opinions from its March monetary policy meeting on April 25 and 26, with the key findings noted below....
The Greenback traded with decent gains against the backdrop of a generalized consolidative phase in the global markets, as the FX universe slowly shifted its attention...
Dow Jones recovers into fresh high but action remains tight. US equities broadly higher on Monday, but momentum is limited. Fedspeak to dominate headlines with quiet...
John C. Williams, President of the Federal Reserve (Fed) Bank of New York hit newswires during a speech a t the Milken Institute Global Conference in...
Federal Reserve (Fed) Board of Governors member Michelle W. Bowman cautioned that there is a real risk that inflation could remain elevated for much longer than...
EUR/USD found a fresh high above 1.08 after NFP figures sparked rate cut hopes. US economic data came in broadly softer on Friday. Coming up next...
The European Central Bank (ECB) Governing Council member and Governor of the Bank of Greece, Yannis Stournaras, said on Friday that the central bank will probably lower borrowing...
The Japanese Yen rallied on Wednesday amid speculations of another intervention by authorities. The momentum, however, runs out of steam on the back of the divergent...
Gold prices rose over 0.40% after the Federal Reserve announced that it would hold interest rates steady and slow down its balance sheet reduction. Fed Chairman...
USD/CAD trades on a positive note near 1.3778 in Wednesday’s early Asian session. The Fed is expected to leave its benchmark rate unchanged on Wednesday. The Canadian economy expanded by 0.2%...
The Japanese Yen struggles to build on the previous day’s solid recovery from a multi-decade low. The divergent BoJ-Fed policy expectations and a positive risk tone...
European Central Bank (ECB) policymaker Pierre Wunsch said on Monday that a “July rate cut is not a done deal.” Additional quotes We are going with...
NZD/USD attracts fresh buyers on Monday and advances to over a two-week high. A positive risk tone undermines the Greenback and benefits the risk-sensitive Kiwi. Hawkish...
Speaking at the post-policy meeting press conference on Friday, Bank of Japan (BoJ) Governor Kazuo Ueda said that the Bank “will adjust the degree of monetary easing if underlying...