The Australian Dollar holds losses after People’s Bank of China cut its one-year Loan Prime Rate to 3.00% from 3.10%. The Reserve Bank of Australia…
The Reserve Bank of Australia is set to cut the interest rate by 25 bps to 3.85% in May. Australian central bank Governor Michele Bullock’s…
Moody’s Ratings agency downgraded the US’s sovereign debt credit rating after the market close on Friday. According to Moody’s, the US is facing rising debt…
USD/CHF gains above 0.8250 as the US Dollar capitalizes on the Fed’s guidance that policymakers await more clarity on the US economic outlook. The White…
The Federal Reserve is expected to leave the policy rate unchanged for the fourth consecutive meeting. Fed Chairman Powell will speak on the policy outlook…
The Bank of Japan is expected to hold interest rates at 0.50% in its May meeting. The uncertainty related to the United States-inspired trade war…
Australian Treasurer Jim Chalmers said on Wednesday that “the market expects more interest rate cuts after inflation figures.” He added: “(I) don’t see anything…
China held the Politburo meeting on Friday, with the key takeaways noted below. Will cut the Reserve Requirement Ratio (RRR) and interest rates in a…
In a post published on Truth Social on Monday, US President Donald Trump voiced his criticism over the Federal Reserve’s (Fed) monetary policy and accused…
US National Economic Council Director Hassett said US President Trump was investigating whether they could fire Federal Reserve Chair Powell. Investors seem less than happy…