Federal Reserve (Fed) Bank of Richmond President Tom Barkin pummeled market hopes for rate cuts on Wednesday, noting that the Fed is broadly anticipating negative…
Following President Trump’s tariff announcement, the euro has shown surprising resilience, acting more like a safe haven currency alongside the Swiss franc and Japanese yen.…
China’s Finance Ministry said on Wednesday that they will impose additional 84% tariffs on US imports from April 10, per Reuters, up from the 34%…
Brent crude has extended its decline after breaching key support levels from earlier in 2024. While momentum indicators suggest the move is stretched, signs of…
Yesterday’s hopes for some moderation in US tariff policy met the reality of 104% tariffs on China and President Trump’s other levies being imposed as…
The US-China trade war could send shockwaves through the Australian economy. AUD/USD surges almost 1.4% to near 0.6050 as the US Dollar faces an intense…
The Euro (EUR) is up an impressive 0.8% vs. the US Dollar (USD) and outperforming most of the G10 currencies with the exception of AUD…
Pound Sterling (GBP) is up a modest 0.5% vs. the US Dollar (USD) and retracing a portion of its recent losses, Scotiabank’s Chief FX Strategist…
Neel Kashkari, President of the Federal Reserve Bank of Minneapolis, warned on Wednesday that last week’s wide-ranging tariffs could unsettle people’s expectations about inflation. Key…
The Minutes of the Fed’s March 18-19 gathering are due on Wednesday. The Federal Reserve delivered a cautious hold at its March event. Investors contemplate…