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,…
Gold trades in a muted range as markets digest disappointing US housing data and a hawkish Powell. Fed Powell testifies before the Senate Banking Committee,…
GBP/USD hits weekly high at 1.3626 as ceasefire between Israel and Iran breaks down. Powell says rate cuts can wait; tariffs may lift inflation and…
Gold prices retreat as an Israel-Iran ceasefire lifts demand for risk assets. Fed Chair Powell testifies before Congress, confirms that the Fed “is in no…
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,…
In a post published on Truth Social on Wednesday, United States President Donald Trump called upon Federal Reserve (Fed) Chairman Jerome Powell to lower the…
According to a statement by the Federal Reserve (Fed), Fed Chair Jerome Powell met with United States (US) President Donald Trump on Thursday, where the…
Here is what you need to know on Thursday, May 15: The US Dollar (USD) struggles to find demand to start the European session on…
USD/CAD meets with a fresh supply on Thursday amid a modest USD downtick. Sliding Oil prices seem to undermine the Loonie and lend support to…
The US Dollar (USD) reversed earlier losses and edged higher on Wednesday, as investors shifted away from risk-linked assets amid continued optimism around US trade…