GBP/JPY recovers from 192.00 as the Japanese Yen loses strength on potential US-Japan trade talks. Japan’s Akazawa is scheduled to visit Washington later this week.…
US Treasury Secretary Scott Bessent told CNN News on Sunday, President Donald “Trump has put them on notice that if you do not negotiate in…
Fed leaves rates unchanged at 4.25%–4.50% and highlights rising uncertainty in economic outlook. Policymakers note solid growth and a strong labor market but flag elevated…
Fed holds rates at 4.5%, acknowledges elevated inflation and rising risks. Labor market remains strong; economic activity expands despite trade volatility. US Dollar Index falls…
USD/JPY fell to the 143.00 region after the Fed held rates steady on Wednesday. Market anticipation of a rate cut in July accelerated after Fed…
Pound Sterling trades lower as BoE Bailey warns of trade war risk The Pound Sterling (GBP) drops against its peers, except North American currencies, on…
EUR/JPY turns upside down as the ECB anticipates deterioration in the Eurozone economic outlook due to Trump’s tariff measures. The ECB has reduced its key…
Reuters reported early Friday that US President Donald Trump is likely to retaliate on trade if Mexico doesn’t deliver water to the United States. Mexican…
XAU/USD is pressured by the Fed’s hawkish tone and a liquidity crunch. Powell signals tariffs could reaccelerate inflation, cooling rate cut bets and hammering Gold…
Federal Reserve (Fed) Board of Governors Vice Chair Philip Jefferson had the dubious honor of being the first high-profile Fed speaker out of the gate…