In an interview with Bloomberg TV on Wednesday, United States (US) Treasury Secretary Scott Bessent noted that they are not in a rush to nominate…
The US Dollar slumps on Wednesday after CBS reported Trump asked GOP lawmakers if he should fire Fed Chair Jerome Powell. US President Donald Trump…
USD/CAD edges higher as markets await further clues from Fed Chair Powell. US New Home Sales data for May at 14:00 GMT is expected to…
Federal Reserve Chair Jerome Powell testified before Congress, emphasizing the Fed’s data-dependent approach. Israel-Iran ceasefire reduces demand for safe-haven assets, contributing to a weaker US…
Fed holds rates steady, signals two cuts this year. The 2-year yield slipped nearly 5 basis points to 3.9%, pulling USD/JPY lower by 0.45% on…
NZD/USD surrenders intraday gains as the US Dollar recovers some of its initial losses. Investors look for fresh cues on the Fed’s monetary policy outlook…
The US Dollar Index remains stronger as investors adopt a cautious stance ahead of the Federal Reserve’s interest rate decision. The focus is on Fed…
USD/JPY falls sharply to near 140.50 as US President Trump has challenged the “autonomous” status of the Fed. Donald Trump wants Fed Powell to ease…
EUR/USD passes 1.1550 as US President Trump aims to remove Fed Chair Powell for not reducing interest rates. Escalating questions over the Fed’s independence have…
Gold rallies $90 this week as the US Dollar weakens amid rising trade tensions and geopolitical risks. Fed’s Daly says policy is still restrictive; neutral…