The Canadian Dollar gains modestly as political pressure on the Fed weighs on the US Dollar. USD/CAD trades near 1.3630, down 0.70% on the day,…
Federal Reserve (Fed) Chairman Jerome Powell testifies about the Semi-Annual Monetary Policy Report before the House Financial Services Committee. Powell testimony key takeaways “US not…
EUR/USD whipsawed above 1.1500 following the Fed’s latest rate call and dot plot update. The FOMC still sees 50 basis points in cuts in 2025,…
USD/MXN drops 0.26% after Fed holds rates and Powell hints at cautious approach amid tariff and mandate uncertainty. Fed keeps rates at 4.25%–4.50%, citing rising…
FOMC keeps rates unchanged for third straight meeting. Powell admits that risks to unemployment, inflation have risen. Powell noted negative survey data but says FOMC…
US President Donald Trump said on Sunday that he will not remove Jerome Powell as Federal Reserve (Fed) Board Chairman before his term ends in…
Trump intensifies attacks on Fed Chair Powell, calling him “a major loser” for being slow on rate cuts. Tech-led selloff drags Nasdaq down 3.44%, with…
The Financial Stability Board (FSB) announced on Monday that they nominated Bank of England Governor Andrew Bailey as the next chair of the organization. The…
The Home Depot stock leads the Dow’s gains on Thursday, up over 2%. Dow Jones sees a second session of gains after recent market weakness.…