After bottoming out in fresh multi-week troughs, the US Dollar (USD) managed to regain composure and advance markedly on turnaround Tuesday. The recovery, however, did…
The Australian Dollar faced losses after the publication of the RBA Minutes from its May monetary policy meeting. China’s Caixin Manufacturing Purchasing Managers’ Index contracted…
The Dow Jones is down slightly on Wednesday after a failed attempt to reach 42,450. Equity markets are awaiting after-the-bell earnings from AI rally darling…
GBP/USD looks upward after Fed Meeting Minutes show growing caution The Federal Reserve’s (Fed) latest Meeting Minutes from the Federal Open Market Committee’s (FOMC) rate…
The Fed remains cautious amid ongoing structural changes. Fed officials are refraining from picking a policy approach as tariffs threaten the economy. Economic activity forecasts…
The US Dollar Index holds its position after posting more than half a percent gains in the previous session. US Consumer Confidence Index rose to…
WTI price drifts lower to around $60.90 in Wednesday’s early Asian session. Hope for progress in US-Iran nuclear talks and potential higher OPEC+ output weigh…
“I was extremely satisfied with the 50% tariff allotment on the European Union, especially since they were slow walking (to put it mildly!), our negotiations…
Earlier this week, we speculated over the low probability, high impact event of a change in FX language in this week’s closing statement from the G7…
Atsushi Mimura, Japan’s Vice Finance Minister for International Affairs and top foreign exchange official, said early Thursday “ the US did not discuss FX levels…