Mexican Peso shrugs off modest rebound in USD as market distrust in Fed independence. USD/MXN edges up 0.05% after Peso’s 3% rally last week, fueled…
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…
Here is what you need to know on Tuesday, April 22: The US Dollar (USD) accelerated its slump in thinned trading on Monday, as most…
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…
Gold pulls back from $3,357 all-time high as Powell warns Fed’s goals may conflict, raising stagflation concerns. Market mixed: Dow dips on UnitedHealth crash while…
UnitedHealth plunges as much as 23% after slashing full-year guidance, dragging healthcare sector and Dow lower. Trump criticizes Powell’s hesitation, praises ECB rate cut, calls…
The US Dollar (USD) is tracking a little higher in rather calm and generally featureless trade. European stocks are lower, following yesterday’s losses, but US…
Federal Reserve Chair Powell noted US President Trump’s trade taxes would raise inflation and lower economic growth. Markets have already worked this out, but Powell…
US President Donald Trump accused Federal Reserve (Fed) Chairman Jerome Powell of being “too late and wrong” in a post on Truth Social on Thursday.…
The US Dollar (USD) had another bad day on Wednesday, suffering several losses – EUR/USD even briefly traded above 1.14. However, this was not really…