Japan’s top trade negotiator, Ryosei Akazawa, said on Thursday that the US Dollar’s (USD) status as global reserve currency remains solid. Akazawa added that Japan is unlikely…
Federal Reserve (Fed) Chairman Jerome Powell testifies about the Semi-Annual Monetary Policy Report before the House Financial Services Committee. Powell testimony key takeaways “US not…
The United States Federal Reserve maintained the benchmark rate at a range between 4.25% and 4.5% at Wednesday’s meeting. This comes after the Fed held…
Gold has overtaken the Euro (EUR) as the second-largest asset in the reserves of the world’s central banks, driven by record purchases and rising prices,…
The core Personal Consumption Expenditures Price Index is expected to rise 0.1% MoM and 2.5% YoY in April. Markets expect the Federal Reserve to hold…
United States (US) Deputy Treasury Secretary Michael Faulkender hit newswires on Tuesday, noting that despite ongoing market tensions and investor concerns about US economic stability,…
GBP/USD continues to benefit from broader dollar weakness and reserve diversification trends, with FX managers potentially trimming dollar holdings in favor of currencies like sterling.…
The US Consumer Price Index is forecast to rise 2.6% YoY in March. The core CPI inflation is seen a tad lower at 3% last…
The core Personal Consumption Expenditures Price Index is expected to rise 0.3% MoM and 2.7% YoY in February. Markets expect the Federal Reserve to hold…
In his latest post on the Truth Social platform, US President Donald Trump called on the Federal Reserve (Fed) to lower interest rates, as tariffs…