Investors will keep a close eye on comments from central bankers as the European Central Bank’s Forum on Central Banking gets underway in Sintra, Portugal. Federal Reserve Chairman Jerome Powell, ECB President
The EURUSD pair appreciated for the seventh consecutive day, but remains capped below Thursday’s near four-year high of 1.1745. The pair is on track for a 2% weekly rally, buoyed by easing
The Federal Reserve resisted mounting pressure from President Trump and kept interest rates unchanged as investors brace for what may come next: a pro-Trump successor at the helm of the world’s most
The euro-dollar currency pair moved higher to near 1.1250 during European trading hours on Wednesday, extending Tuesday’s gains. The EURUSD has attracted significant bids at the expense of the dollar, with the
Donald Trump’s claim that he has “no intention” of firing Jerome Powell is not an act of restraint — it’s a “recognition of reality”, according to the CEO of a leading independent
The Australian dollar strengthen on Wednesday as Washington has expressed confidence in de-escalation in a trade war with China. The AUD is a proxy play of the Chinese economy, given the significant
The Euro-dollar pair slipped back toward the 1.1000 area at the end of the week, surrendering part of its early-week strength at the close on Friday. Despite the setback, the pair remained
The Federal Reserve’s FOMC minutes signal that officials are hawkish, “and we’re not likely to see more than one rate cut in 2025 – at most,” according to the CEO of a
The EURUSD currency pair jumped above 1.0400 in European markets on Thursday as Dollar bulls take a breather after a sharp run-up on Wednesday. The DXY Index, which tracks the greenback’s value against
The price of Silver (XAGUSD) extended its losing streak for the sixth consecutive session, trading around $29.50 per troy ounce during the Asian hours on Thursday. The price of the grey metal
