Speaking at the Economic Club of Chicago, US Federal Reserve (Fed) Chairman Jerome Powell was in the spotlight yesterday and highlighted the potential economic consequences …
Category: Forex Short News
The New York Times was out late yesterday with a report relevant to the Middle East and oil traders: Israeli officials had recently developed plans …
The major indices are opening up mixed with the Dow industrial average down sharply while the NASDAQ and S&P index are rebounding after yesterday’s declines. …
The AUDUSD continues to trade in a choppy, range-bound market since Tuesday. During the late Asian and early European sessions, the pair found support at …
We’ll use whatever instrument is appropriate No one argued for a 50 basis point cut A number of governors a few weeks ago would have …
Most indicators point to inflation returning to target Inflation has declined Geopolitical tensions are a major source of uncertainty A strong euro could push down …
The USDCAD has rebounded after finding firm support in the 1.3827–1.39499 zone, where multiple recent lows have formed a solid base. The pair has pushed …
Donald Trump wrote today that he likes ECB policy, how about Fed Chair Lagarde? For now, her job is European rate and we will hear …
The ECB cut rates by 25 basis points, as expected, with a unanimous decision. The press conference is set to begin at 8:45 AM ET. …
Monetary policy is well positioned, doesn’t see need to change rates any time soon Tariffs will drive up inflation this year and lower growth There …