The Greenback extended their recovery on the back of auspicious headlines around the US-China trade crisis and mitigating fears around potential threats to the Fed’s…
Commonly known as the Beige Book, this report is published eight times per year. Each Federal Reserve Bank gathers anecdotal information on current economic conditions,…
The US Dollar Index trades near 99.50 on Wednesday after erasing earlier gains from Asian hours. Mixed PMI data and lack of clarity from Trump’s…
GBP/USD slips beneath 1.3300 as USD gains on Powell relief and trade optimism The Pound Sterling (GBP) depreciates against the Greenback on Wednesday, yet…
DJIA jumps 1.8% to trade above 39,800 after Trump says Powell won’t be removed. The Wall Street Journal reports the US is weighing tariff cuts…
At an International Monetary Fund (IMF) event, Bank of England (BoE) Governor Andrew Bailey said that the central bank must take the risk to economic…
USD/CAD holds steady near 1.3800 after hitting a six-month low. Trump’s softened stance on Powell and China brings brief USD relief. Technical outlook remains bearish…
EUR/USD trades near the 1.1400 zone after slipping modestly post-European session. Despite today’s pullback, technicals remain constructive with MACD signaling a buy. Support comes in…
WSJ article suggests the White House is mulling cutting tariffs on China. The move would cut China tariffs by more than 50% in certain cases.…
On Wednesday, United States (US) Treasury Secretary Scott Bessent crossed the wires to discuss the trade war between China and his country. He commented that…