The Federal Open Market Committee maintained its policy rate in the target range of 4.25-4.5% on Wednesday, a move predicted last year by Nigel Green, CEO of leading independent financial advisory deVere Group.
EURUSD slides to near 1.0400 in Wednesday’s North American session, with investors focusing on the Federal Reserve monetary policy announcement at 19:00 GMT. The Fed is widely anticipated to keep interest rates steady in
The benchmark US crude oil West Texas Intermediate (WTI) is trading around $77.85 on Friday, edging lower on an expected halt to Houthi shipping attacks in the Red Sea after a ceasefire deal in the
EURUSD is skating on thin ice near the eight-week low of 1.0950 on Wednesday, with the major currency pair staying under pressure as the US Dollar gathers strength to extend its previous
Following the wild fluctuations seen in financial markets on Wednesday, volatility remains high early Thursday. The Bank of England will announce monetary policy decisions, and later in the day, the US economic
When the Federal Reserve cuts interest rates at its September meeting, as is now widely expected, Wall Street could hit fresh highs, predicts the CEO of a leading independent financial advisory and
The US Dollar is holding its ground against major rivals early Wednesday as markets wait for the US Bureau of Labor Statistics to announce the preliminary benchmark revisions to Nonfarm Payrolls. Later
EURUSD rallied into fresh 18-week highs on Wednesday as market sentiment tilts firmly into the risk-on side ahead of the European Central Bank’s latest rate call later on Thursday. Broad market risk
The EURUSD corrected to a near round-level figure of 1.0800 in Thursday’s late European trading. The major currency pair faces pressure after a bullish Wednesday, when it rallied to 1.0850 from an almost six-week
West Texas Intermediate remains steady with thin trading, possibly due to anticipation of upcoming producer price figures from the US. The WTI crude oil hovers around $78.00 per barrel in European trading
