The Federal Reserve is back under “inflation siege” as its preferred price gauge surges to the highest level in nearly a year, dealing a major blow to market expectations for imminent interest
The GBPUSD extended its losses for the second straight day on Friday, trading at 1.3205, down 0.12% after a stellar US nonfarm payrolls report, which could refocus the Federal Reserve on battling
The EURUSD pair holds on to Monday’s gains slightly above 1.1500 during the European trading session on Tuesday. The major currency pair trades firmly as the US dollar has come under pressure
The Pound Sterling remained firm on Wednesday, even though the Middle East conflict entered its twelfth day of hostilities. Inflation in the US boosted the greenback’s prospects, yet the GBPUSD pair traded
The Federal Reserve is unlikely to cut interest rates until at least July, according to Nigel Green, CEO of deVere Group, as surging oil and gas prices complicate the outlook for monetary
The latest US inflation data shows the Federal Reserve has room to cut US interest rates, but despite the figures, the central bank is unlikely to do so at its next meeting,
By Aaron Hill A bright spotlight falls on Tuesday’s US November employment report, and it is arguably the dominant asset driver. This is due to comments from Fed Chair Jerome Powell last week,
The euro extends its advance against the US dollar on Thursday as the greenback fell to multi-week lows following the latest US Initial Jobless Claims release. The EURUSD currency pair was last
The Federal Reserve’s interest rate cut on Wednesday strengthens the case for two further reductions in 2026, despite the central bank’s deliberately cautious tone, the CEO of a leading financial advisory has
The EURUSD currency pair is practically flat on Thursday, trading at 1.1695, below the almost two-month highs above 1.1700 hit on Wednesday. The risk-averse mood, triggered by downbeat earnings from Oracle, has
